Kingdom Projects Inc

Analysis

Kingdom Projects Inc is a registered charity in United States, based in Fulton, MO. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Kingdom Projects Inc reported income of $265k and spending of $344k, spending 130% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $359k to $265k (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income rose by 52%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kingdom Projects Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MO. Charities of a similar size with the same main cause include City of Gering Leasing Corporation ($265k), Working Adults Learning Lifelong Skills Inc ($265k) and Cape Coral Rotary Foundation Inc ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 37% of the total. Other salaries and wages came to $130k. At year end it held assets of $641k against liabilities of $58k, net assets of $583k. It reported 37 employees.