Divine Institute Inc
Analysis
Divine Institute Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Institute Inc reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $701k to $1.5m (+118%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 89% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Divine Institute Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Youth Empowerment Finest Inc ($1.5m), Big Brothers Big Sisters of the Mississippi Valley ($1.5m) and South Florida After-School All- Stars Inc ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $99k (7.6% of expenses). Other salaries and wages came to $485k. At year end it held assets of $2.6m against liabilities of $1.9m, net assets of $728k. It reported 28 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 94%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Youth Empowerment Finest Inc | San Diego | $1.5m |
| Big Brothers Big Sisters of the Mississippi Valley | Davenport | $1.5m |
| South Florida After-School All- Stars Inc | Miami | $1.5m |
| Jiff Inc | Memphis | $1.5m |