Destiny Ministries

Analysis

Destiny Ministries is a registered charity in United States, based in Kuna, ID. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Ministries reported income of $64k and spending of $85k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $64k (-53%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Destiny Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within ID. Charities of a similar size with the same main cause include Cross and Crown Ministries Inc ($64k), Pathway Evangelism Incorporated ($64k) and Living in Grace ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $9,522 against liabilities of $120, net assets of $9,402.