Destiny Ministries International Church Ministries

Analysis

Destiny Ministries International Church Ministries is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in July 2003, 23 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 Ministries International Church Ministries reported income of $344k and spending of $339k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $344k (+116%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Destiny Ministries International Church Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include PJFM Inc ($344k), Greater Things ($344k) and International Breakthrough Ministries Inc ($344k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (4.6% of expenses). Other salaries and wages came to $93k. At year end it held assets of $520k against liabilities of $0, net assets of $520k.