Destiny Sports Mission Inc

Analysis

Destiny Sports Mission Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Destiny Sports Mission Inc reported income of $516k and spending of $388k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $263k to $516k (+96%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Destiny Sports Mission Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Prem Prakash Mandli USA Inc ($516k), Summit Lake Bible Conference Inc ($516k) and Big Brothers Big Sisters of Northeastern Pennsylvania ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (14% of expenses). At year end it held assets of $313k against liabilities of $0, net assets of $313k. It reported 1 employees.