Diamonds in the Rough Ministry

Analysis

Diamonds in the Rough Ministry is a registered charity in United States, based in Newport, OR. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Diamonds in the Rough Ministry reported income of $104k and spending of $83k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $104k (-10%), an average of -10% a year. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Diamonds in the Rough Ministry sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within OR. Charities of a similar size with the same main cause include Derakim ($104k), Wayne Pike Child Evangelism Fellowship ($104k) and Sight Ministries International Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.