Kingdom Life Ministries Inc

Analysis

Kingdom Life Ministries Inc is a registered charity in United States, based in Richmond Hill, NY. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kingdom Life Ministries Inc reported income of $126k and spending of $119k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $132k to $126k (-4.3%), an average of -1.5% a year. 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, Kingdom Life Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Amazing Grace Discipleship Ministries ($126k), Gospel Light Assemblies of God Ghana ($126k) and Open Door Church ($126k).

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 $67k against liabilities of $0, net assets of $67k.