Divine Light World Inc

Analysis

Divine Light World Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Divine Light World Inc reported income of $195k and spending of $48k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $231k to $195k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 20% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Divine Light World Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Stecher and Horowitz Foundation ($195k), Arts Project of Cherry Grove Inc ($195k) and Creative Arts Repertoire Ensemble Inc ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $589k against liabilities of $24k, net assets of $565k.