Divine Konnections Inc

Analysis

Divine Konnections Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in June 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 (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 Konnections Inc reported income of $597k and spending of $380k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $597k (+426%), an average of +426% a year. The sharpest change came in the year to December 2023, when income rose by 426%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Divine Konnections Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include F3 Foundation Inc ($597k), Friends Foundation of the Carolinas ($597k) and Pinkneys Vineyard of Faith Ministries ($597k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $132k. At year end it held assets of $790k against liabilities of $459k, net assets of $331k. It reported 6 employees.