Divine Love World Charity Inc

Analysis

Divine Love World Charity Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2002, 24 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 Love World Charity Inc reported income of $663k and spending of $697k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $124k to $663k (+434%), an average of +52% a year. The sharpest change came in the year to December 2020, when income rose by 535%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Divine Love World Charity Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Full Circle Adult Day Center Inc ($663k), Greater Wilkes-Barre Association for the Blind ($663k) and Senior Center of Sidney Shelby County ($663k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $30k, net assets of $19k.