Daughters of Destiny Ministries Inc

Analysis

Daughters of Destiny Ministries Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Daughters of Destiny Ministries Inc reported income of $186k and spending of $80k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $186k (+119%), an average of +119% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 59% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Daughters of Destiny Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Global Leadership Inc ($186k), St Placids Foundation Inc ($187k) and Sikh Religious Society of Indiana Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.