Kingdom Building Ministries Incorporated

Analysis

Kingdom Building Ministries Incorporated is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, Kingdom Building Ministries Incorporated reported income of $1.8m and spending of $2.1m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.8m (-5.5%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingdom Building Ministries Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Health Occupations Students of America ($1.8m), Foundry Educational Foundation ($1.8m) and Over the Rainbow Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $411k (19% of expenses). Other salaries and wages came to $657k. At year end it held assets of $2.6m against liabilities of $116k, net assets of $2.5m. It reported 23 employees.