Worshipers of the King Ministries Assembly of God

Analysis

Worshipers of the King Ministries Assembly of God is a registered charity in United States, based in Malden, MA. 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 2022, Worshipers of the King Ministries Assembly of God reported income of $289k and spending of $286k, spending 99% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $315k to $289k (-8.3%), an average of -4.2% a year. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Worshipers of the King Ministries Assembly of God sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Preparing the Way Ministries Inc ($289k), Believers Voice Network ($289k) and Palabra Publications Inc ($289k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $173k (60% of expenses). At year end it held assets of $930k against liabilities of $523k, net assets of $407k. It reported 4 employees.