Jim King Ministries Inc

Analysis

Jim King Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1985, 41 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 December 2023, Jim King Ministries Inc reported income of $1.0m and spending of $915k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $444k to $1.0m (+130%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jim King Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include St Lukes Endowment Fund Inc ($1.0m), Friends of Chosen Yeshias Inc ($1.0m) and Igbo Catholic Community Church ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $158k. At year end it held assets of $1.4m against liabilities of $6,563, net assets of $1.4m. It reported 3 employees.