Destiny Encounters International Inc

Analysis

Destiny Encounters International Inc is a registered charity in United States, based in Moravian FLS, NC. It received its IRS tax-exemption ruling in March 2013, 13 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 Encounters International Inc reported income of $1.2m and spending of $565k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $582k to $1.2m (+107%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Destiny Encounters International Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Montreat Conference Center Development Foundation Inc ($1.2m), Shirdi Sai Parivaar ($1.2m) and Universal Living Rosary Association of St Philomena ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $84k (15% of expenses). Other salaries and wages came to $13k. At year end it held assets of $3.3m against liabilities of $2,246, net assets of $3.3m. It reported 3 employees.