Kingdom Capital Fund

Analysis

Kingdom Capital Fund is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kingdom Capital Fund reported income of $1.7m and spending of $535k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $688k to $1.7m (+153%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 45% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Capital Fund sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within SD. Charities of a similar size with the same main cause include Evangelistic Outreach Inc ($1.7m), Yeshivas Chosein Yehoshua ($1.7m) and Muslim American Youth Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $36k (6.8% of expenses). Other salaries and wages came to $15k. At year end it held assets of $5.2m against liabilities of $269k, net assets of $4.9m. It reported 4 employees.