Kingdom Pathways
Analysis
Kingdom Pathways is a registered charity in United States, based in Coon Rapids, MN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Pathways reported income of $2.5m and spending of $2.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.5m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kingdom Pathways sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Lazarus House ($2.5m), Seven Hills Foundation Inc ($2.5m) and Making It Better ($2.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $42k (2.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $1.6m, net assets of $629k. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.0%
- Program services 94%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lazarus House | St Charles | $2.5m |
| Seven Hills Foundation Inc | Worcester | $2.5m |
| Making It Better | Houston | $2.5m |
| Franklins Promise Coalition Incorporated | Eastpoint | $2.5m |