Divine Providence Ministries Inc

Analysis

Divine Providence Ministries Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Divine Providence Ministries Inc reported income of $341k and spending of $345k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $341k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Divine Providence Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Lot 2540 Incorporated ($341k), Explore Ministries Inc ($341k) and Neidlinger Garden Court Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.