King Ministries International Inc
Analysis
King Ministries International Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2009, 17 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, King Ministries International Inc reported income of $237k and spending of $247k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $245k to $237k (-3.1%), an average of -3.1% a year. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, King Ministries International Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within OK. Charities of a similar size with the same main cause include American Friends of Chaim Layeled Inc ($237k), Zeteo Ministries ($237k) and Valley Interfaith Action ($237k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $60k (24% of expenses). At year end it held assets of $24k against liabilities of $0, net assets of $24k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Chaim Layeled Inc | Brooklyn | $237k |
| Zeteo Ministries | Marysville | $237k |
| Valley Interfaith Action | Harrisonburg | $237k |
| Agape Source Inc | Windermere | $237k |