Kingdom News Network NFP

Analysis

Kingdom News Network NFP is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in September 2005, 21 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, Kingdom News Network NFP reported income of $292k and spending of $241k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $512k to $292k (-43%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom News Network NFP sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Vietnamese Outreach International ($292k), Worklife Ministry Inc ($292k) and Ihs Ministries Inc ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. At year end it held assets of $305k against liabilities of $15k, net assets of $289k.