Destined for Empowerment Community Development Corporation

Analysis

Destined for Empowerment Community Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Destined for Empowerment Community Development Corporation reported income of $204k and spending of $190k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $27k to $204k (+648%), an average of +648% a year. The sharpest change came in the year to December 2023, when income rose by 648%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Destined for Empowerment Community Development Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Firstperson Narratives ($204k), Coherent Development Research Institute ($204k) and ND Senior Career Development ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 3 employees.