Destiny Foundation
Only null% goes to programs Strong reserves Growing revenue
Destiny Foundation is a 501(c)(3) organization based in Lakewood, New Jersey, registered in 1998, with $377,807 in FY2024 revenue. CharityIndex grades it C.
564 Marc Dr, Lakewood, NJ, 08701 EIN 38-3291795 Since 1998
Revenue (FY2024)
$378K
▲ 1.3% vs prior year
Education median: $200K
Expenses (FY2024)
$418K
Net assets
$439K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Destiny Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating13 mo reserves · -11% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Destiny Foundation: 13 mo reserves · -11% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Destiny Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Destiny Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 564 Marc Dr, Lakewood, NJ, 08701
- City
- Lakewood
- State
- New Jersey
- Category
- Education
- Subcategory
- Educational Services
Financial trends
Revenue declined from $477K (FY2013) to $378K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $35KNet assets $439K
Operating margin
-10.7%
Spent more than it raised in the latest fiscal year.
Total assets
$473K
Total liabilities
$35K
Net assets
$439K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $377,807▲1.3% | $418,101▼34.8% | $438,736▼8.4% | $473,291▼11.2% | 990 |
| 2023 | $372,878▼34.7% | $640,984▼0.1% | $479,030▼35.9% | $532,757▼32.3% | 990 |
| 2022 | $571,221▲83.6% | $641,514▲1.8% | $747,136▼8.6% | $787,054▼7.8% | 990 |
| 2021 | $311,091▼29.7% | $629,872▼6.4% | $817,429▼28.1% | $853,971▼27.5% | 990 |
| 2020 | $442,365▲7.6% | $673,151▼3.6% | $1,136,210▼16.9% | $1,178,667▼14.3% | 990 |
| 2019 | $410,971▼7.3% | $698,393▲11.6% | $1,366,996▼17.4% | $1,374,656▼17.5% | 990 |
| 2018 | $443,533▼13.4% | $625,688▼28.8% | $1,654,418▼9.9% | $1,666,522▼10.6% | 990 |
| 2017 | $512,210▲27.8% | $878,223▲36.6% | $1,836,573▼16.6% | $1,863,232▼15.8% | 990 |
| 2016 | $400,902▼35.1% | $643,085▼12.8% | $2,202,586▼9.9% | $2,213,083▼10.0% | 990 |
| 2015 | $617,319▲2.3% | $737,251▼7.7% | $2,444,769▼4.7% | $2,457,966▼5.5% | 990 |
| 2014 | $603,310▲26.6% | $798,670▼2.0% | $2,564,701▼7.1% | $2,601,883▼6.3% | 990 |
| 2013 | $476,563 | $815,023▼7.0% | $2,760,061▼10.9% | $2,775,912▼11.0% | 990 |
| 2012 | — | $876,057▲5.3% | $3,098,521▼10.6% | $3,119,017▼10.2% | 990 |
| 2011 | — | $831,967▲3.6% | $3,465,436▼1.8% | $3,475,142▼1.7% | 990 |
| 2010 | — | $803,429 | $3,528,050 | $3,535,350 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $447K total
15 grants to Destiny Foundation totaling $447K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $8,600 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2022 | $6,440 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $5,000 |
| Jewish Communal Fund | General support | 2021 | $17,548 |
| Associated Jewish Charities of Baltimore | General support | 2021 | $7,200 |
| Donor Advised Charitable Giving | Education | 2021 | $5,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $6,530 |
| Jewish Communal Fund | General support | 2019 | $79,000 |
| Jewish Communal Fund | General support | 2018 | $76,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $16,425 |
| Jewish Communal Fund | General support | 2017 | $51,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $7,110 |
| Jewish Communal Fund | Unrestricted general support | 2016 | $52,860 |
| Jewish Communal Fund | Unrestricted general support | 2015 | $46,530 |
| Jewish Communal Fund | Unrestricted general support | 2014 | $60,650 |
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Frequently asked questions
- Is Destiny Foundation a legitimate nonprofit?
- Yes. Destiny Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3291795, based in Lakewood, New Jersey. Donations are tax-deductible.
- What is Destiny Foundation's EIN?
- Destiny Foundation's Employer Identification Number (EIN) is 38-3291795.
- How much revenue does Destiny Foundation report?
- Destiny Foundation reported $377,807 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Destiny Foundation have?
- CharityIndex grades Destiny Foundation C, based on financial health (reserves and operating margin).
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Explore more
Data for Destiny Foundation (EIN 38-3291795) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.