Divine Providence II Inc
Analysis
Divine Providence II Inc is a registered charity in United States, based in Eunice, LA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Divine Providence II Inc reported income of $140k and spending of $170k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $91k to $140k (+54%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 129% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Divine Providence II Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within LA. Charities of a similar size with the same main cause include Family Connection ($140k), Lumbee Nation Tribal Programs Inc ($140k) and Scarc Housing Inc ($140k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $13k. At year end it held assets of $1.2m against liabilities of $20k, net assets of $1.1m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Connection | Sioux Falls | $140k |
| Lumbee Nation Tribal Programs Inc | Pembroke | $140k |
| Scarc Housing Inc | Augusta | $140k |
| Access II Independence Inc | Gallatin | $140k |