Divine Shakti Foundation
Analysis
Divine Shakti Foundation is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 2005, 21 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 December 2023, Divine Shakti Foundation reported income of $432k and spending of $115k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $432k (+212%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 283%. Over the whole period it spent 32% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Divine Shakti Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Loose Senior Citizens Center Inc ($432k), Provident Housing Solutions Inc ($432k) and Bharatiya Senior Citizens of Chicago NFP ($432k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 9.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Loose Senior Citizens Center Inc | Linden | $432k |
| Provident Housing Solutions Inc | Apopka | $432k |
| Bharatiya Senior Citizens of Chicago NFP | Hanover Park | $432k |
| Independence Unlimited Inc | Hartford | $432k |