Destiny Impact Worldwide

Analysis

Destiny Impact Worldwide is a registered charity in United States, based in Monmouth JCT, NJ. It received its IRS tax-exemption ruling in February 2022, 4 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 Impact Worldwide reported income of $88k and spending of $85k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $88k (-9.0%), an average of -9.0% a year. 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 Impact Worldwide sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Christopher House Assisted Living Inc ($88k), Gibb Thomasville Village II Inc ($88k) and Anthon Community Center Association ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.