Diamond Diva Empowerment Foundation

Analysis

Diamond Diva Empowerment Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2020, 6 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, Diamond Diva Empowerment Foundation reported income of $1.4m and spending of $709k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $81k to $1.4m (+1673%), an average of +161% a year. The sharpest change came in the year to December 2020, when income rose by 294%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Diamond Diva Empowerment Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Public Markets Inc ($1.4m), New Light Child & Family Institute ($1.4m) and The Community Partnership ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $294k. At year end it held assets of $741k against liabilities of $106k, net assets of $635k.