Dutch Sheets Ministries Inc
Analysis
Dutch Sheets Ministries Inc is a registered charity in United States, based in Batsbrg Levil, SC. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Dutch Sheets Ministries Inc reported income of $5.1m and spending of $2.4m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $5.1m (+353%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 250%. Over the whole period it spent 40% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Dutch Sheets Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include 4 2 20 Foundation ($5.1m), Global Outreach Mission Inc ($5.1m) and Giving Company ($5.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $572k (24% of expenses). Other salaries and wages came to $505k. At year end it held assets of $15.5m against liabilities of $46k, net assets of $15.4m. It reported 14 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 4 2 20 Foundation | Richmond | $5.1m |
| Global Outreach Mission Inc | Buffalo | $5.1m |
| Giving Company | Alpharetta | $5.1m |
| St Therese of Deephaven Senior Living | Deephaven | $5.1m |