Koinonia House National Ministries Inc

Analysis

Koinonia House National Ministries Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in May 2000, 26 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, Koinonia House National Ministries Inc reported income of $519k and spending of $407k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $519k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Koinonia House National Ministries Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Farming 4 Hunger Inc ($519k), Sandhills Aginnovation Center Inc ($519k) and Let Love International Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $112k (28% of expenses). Other salaries and wages came to $92k. At year end it held assets of $916k against liabilities of $19k, net assets of $897k. It reported 5 employees.