Kingdomquest Ministries Inc

Analysis

Kingdomquest Ministries Inc is a registered charity in United States, based in Brazil, IN. It received its IRS tax-exemption ruling in October 2007, 19 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, Kingdomquest Ministries Inc reported income of $440k and spending of $431k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $405k to $440k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdomquest Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Gary Randall Ministries ($440k), Vietnamese American Buddhist Association of Massachusetts Inc ($440k) and Kingdom Foundations ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $125k (29% of expenses). Other salaries and wages came to $38k. At year end it held assets of $79k against liabilities of $17k, net assets of $61k. It reported 2 employees.