Diverse Journeys Inc

Analysis

Diverse Journeys Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Diverse Journeys Inc reported income of $6.4m and spending of $6.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.4m (+32%), an average of +7.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diverse Journeys Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Geo-Son Child Care Services Inc ($6.4m), Little Sisters of the Poor St Josephs Home for the Elderly ($6.4m) and Springboard Center ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. Compensation of current officers, directors and key employees was $322k (5.4% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $4.7m against liabilities of $2.4m, net assets of $2.2m. It reported 198 employees.