Destiny Kids Early Learning Center

Analysis

Destiny Kids Early Learning Center is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Kids Early Learning Center reported income of $374k and spending of $452k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $541k to $374k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Destiny Kids Early Learning Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include East Carroll Voluntary Council on Aging ($374k), Parker Senior Center Inc ($374k) and Leap of Faith Ministries Inc ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $260k. At year end it held assets of $45k against liabilities of $0, net assets of $45k. It reported 16 employees.