TKJ by His Grace Ministries Inc

Analysis

TKJ by His Grace Ministries Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, TKJ by His Grace Ministries Inc reported income of $6.3m and spending of $6.4m, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $1.5m to $6.3m (+306%), an average of +42% a year. The sharpest change came in the year to December 2019, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TKJ by His Grace Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Onward We Learn ($6.3m), Fairmount Montessori Association ($6.3m) and Harrells Christian Academy Inc ($6.3m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $128k (2.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $440k against liabilities of $287k, net assets of $154k. It reported 143 employees.