Kathy Degraw Ministries

Analysis

Kathy Degraw Ministries is a registered charity in United States, based in Grandville, MI. It received its IRS tax-exemption ruling in July 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, Kathy Degraw Ministries reported income of $62k and spending of $73k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $62k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kathy Degraw Ministries sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within MI. Charities of a similar size with the same main cause include Women of Purpose Intl ($62k), Co Mission ($62k) and CBMC Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.