Docusen Ministries

Analysis

Docusen Ministries is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in February 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 (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 2022, Docusen Ministries reported income of $195k and spending of $183k, spending 94% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $91k to $195k (+113%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Docusen Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NC. Charities of a similar size with the same main cause include Eglise Sur Le Rocher International Petros Ministry Inc ($195k), 110 Center ($195k) and Crossroads for Her Ministry Inc ($195k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $22k against liabilities of $6,741, net assets of $15k.