Kingdom Rain Inc

Analysis

Kingdom Rain Inc is a registered charity in United States, based in Towson, MD. It received its IRS tax-exemption ruling in August 2002, 24 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 March 2023, Kingdom Rain Inc reported income of $852k and spending of $857k, spending 101% of its income. Across the 4 years on record, from December 2019 to March 2023, income grew from $509k to $852k (+67%), an average of +19% a year. The sharpest change came in the year to March 2023, when income rose by 71%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Rain Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Islamic Shura Council of Southern California ($852k), Contemplative Outreach Ltd ($853k) and X Hope Inc ($852k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $225k (26% of expenses). Other salaries and wages came to $8,708. At year end it held assets of $258k against liabilities of $30k, net assets of $229k. It reported 3 employees.