Destined for a Change Inc

Analysis

Destined for a Change Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in October 2023, 3 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 December 2022, Destined for a Change Inc reported income of $450k and spending of $130k, leaving 71% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income fell from $762k to $450k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income rose by 577%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destined for a Change Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within LA. Charities of a similar size with the same main cause include Enrichthekids Inc ($450k), Tender Foundation Inc ($450k) and Menucha Incorporated ($450k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k. It reported 1 employees.