K I N G Movement Inc
Analysis
K I N G Movement Inc is a registered charity in United States, based in South Orange, NJ. It received its IRS tax-exemption ruling in December 2015, 11 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 May 2023, K I N G Movement Inc reported income of $86k and spending of $75k, spending 87% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $48k to $86k (+78%), an average of +78% a year. The sharpest change came in the year to May 2023, when income rose by 78%. Over the whole period it spent 117% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, K I N G Movement Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Savannah Area Interfaith Justice Ministry-Saijm ($86k), Willoughby International Ministries ($86k) and Instituto Biblico JC Inc ($86k).
On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $22k against liabilities of $77k, net assets of -$54k.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Savannah Area Interfaith Justice Ministry-Saijm | Savannah | $86k |
| Willoughby International Ministries | Crandall | $86k |
| Instituto Biblico JC Inc | Elizabethport | $86k |
| Covenant Life Ministries | Hazelwood | $86k |