Kings Daughters Ministry

Analysis

Kings Daughters Ministry is a registered charity in United States, based in Stanley, NC. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Kings Daughters Ministry reported income of $465k and spending of $439k, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $185k to $465k (+152%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kings Daughters Ministry sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Community Food Connection of Blount County Inc ($465k), Chevra Tomchei Evyonim Support for the Needy Inc ($465k) and Kiddie Korner Child Development ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $12k (2.7% of expenses). Other salaries and wages came to $217k. At year end it held assets of $149k against liabilities of $0, net assets of $149k. It reported 11 employees.