Daily Living Ministries Inc

Analysis

Daily Living Ministries Inc is a registered charity in United States, based in Nitro, WV. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Daily Living Ministries Inc reported income of $654k and spending of $708k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $190k to $654k (+244%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daily Living Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include Auburndale Community Nursery & Day Care Center Inc ($654k), Friends of the St Lawrence Church ($654k) and Hashomer Hatzair Inc ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.