Divine Providence Inc

Analysis

Divine Providence Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Divine Providence Inc reported income of $617k and spending of $465k, leaving 25% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income grew from $432k to $617k (+43%), an average of +9.3% a year. The sharpest change came in the year to November 2023, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Divine Providence 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 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Avodah Farms ($617k), Atlanta Childrens Foundation Inc ($617k) and Cleveland Chesed Center ($617k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $1.4m against liabilities of $500k, net assets of $894k.