Young Adult Koinonia

Analysis

Young Adult Koinonia is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2010, 16 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, Young Adult Koinonia reported income of $748k and spending of $777k, spending 104% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $224k to $748k (+234%), an average of +83% a year. The sharpest change came in the year to December 2022, when income rose by 282%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Young Adult Koinonia sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Friends of Itamar Incorporated ($747k), John Eliot Corporation ($748k) and Jewish Content Inc ($747k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $297k, net assets of -$244k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.