Kwo Ministries

Analysis

Kwo Ministries is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Kwo Ministries reported income of $743k and spending of $985k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.0m to $743k (-27%), an average of -6.1% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 107% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Kwo Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Keeping Our Promise Inc ($743k), Three Strands ($744k) and Next Generation Ministries ($743k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $218, net assets of $104k.