Diverse Power Foundation Inc

Analysis

Diverse Power Foundation Inc is a registered charity in United States, based in Lagrange, GA. It received its IRS tax-exemption ruling in May 2002, 24 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, Diverse Power Foundation Inc reported income of $184k and spending of $192k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $184k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Diverse Power Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Music 4 Miracles Inc ($184k), Wilson Medical Center Foundation ($184k) and Macmurray Foundation & Alumni Association NFP ($184k).

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 $166k against liabilities of $35k, net assets of $132k.