Destiny Recovery Center Inc

Analysis

Destiny Recovery Center Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in September 2014, 12 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 2023, Destiny Recovery Center Inc reported income of $64k and spending of $115k, spending 179% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $92k to $64k (-30%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 140% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destiny Recovery Center Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Society of Saint Vincent Depaul Saint Columban Conference ($64k), Family Achievement Foundation ($64k) and Texas Womens League ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. Other salaries and wages came to $54k. At year end it held assets of $226k against liabilities of $388, net assets of $226k. It reported 2 employees.

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.