Destiny Steps Inc

Analysis

Destiny Steps Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2021, Destiny Steps Inc reported income of $77k and spending of $75k, spending 98% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $12k to $77k (+520%), an average of +520% a year. The sharpest change came in the year to December 2021, when income rose by 520%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Destiny Steps Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within IN. Charities of a similar size with the same main cause include Bobcat Boosters Club ($77k), Princeton High School Music Boosters ($77k) and Trojan Touchdown Club Inc ($77k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 65% and program service revenue 28% of the total. At year end it held assets of $7,266 against liabilities of $0, net assets of $7,266.