Destiny Care Foundation

Analysis

Destiny Care Foundation is a registered charity in United States, based in Moreno Valley, CA. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Care Foundation reported income of $76k and spending of $32k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $76k (+281%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 196%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Destiny Care Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Mesquite Police Association Charities ($76k), Medford Cruise Inc ($76k) and Advia Foundation ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $210k against liabilities of $0, net assets of $210k.