Exponential Destiny

Analysis

Exponential Destiny is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in April 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, Exponential Destiny reported income of $316k and spending of $192k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $474k to $316k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exponential Destiny sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WY. Charities of a similar size with the same main cause include Sierra-Cascade Logging Conference Fund ($316k), Horsin Around Camp Inc ($316k) and Harrisburg Cultural and Social Services Center Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. At year end it held assets of $152k against liabilities of $463, net assets of $152k.