Kingdom Life Ministries Community Development Corporation

Analysis

Kingdom Life Ministries Community Development Corporation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Kingdom Life Ministries Community Development Corporation reported income of $101k and spending of $91k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $101k (+15%), an average of +15% a year. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kingdom Life Ministries Community Development Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Daviess County Partnership Inc ($101k), Abilitylinks ($101k) and Wednesday Club ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.