Destiny Housing Inc

Analysis

Destiny Housing Inc is a registered charity in United States, based in Park Forest, IL. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Housing Inc reported income of $690k and spending of $554k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $690k (+247%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Destiny Housing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Community Networks Inc ($690k), Ste Annes Non-Profit Housing Corporation ($690k) and Ahepa 250-Ii Inc ($690k).

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 $290k. At year end it held assets of $157k against liabilities of $0, net assets of $157k. It reported 14 employees.