Kingdom International Economic Development Corp

Analysis

Kingdom International Economic Development Corp is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kingdom International Economic Development Corp reported income of $99k and spending of $105k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $99k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingdom International Economic Development Corp sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Committed 2 Community ($99k), Hearu Corporation ($99k) and N H S Foundation for Excellence Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. At year end it held assets of $338 against liabilities of $0, net assets of $338.