Kingdomstrate

Analysis

Kingdomstrate is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in December 2011, 15 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, Kingdomstrate reported income of $85k and spending of $85k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $85k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdomstrate sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include African Christian Fellowship Southern California ($85k), Cedan Mission Inc ($85k) and Jericho Technology for the Gospel Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (86% of expenses). At year end it held assets of $3,823 against liabilities of $0, net assets of $3,823.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.