Kingdom Story Ministries Inc

Analysis

Kingdom Story Ministries Inc is a registered charity in United States, based in Fircrest, WA. It received its IRS tax-exemption ruling in November 2012, 14 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 June 2023, Kingdom Story Ministries Inc reported income of $328k and spending of $316k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $233k to $328k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Story Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Nasareanorg Inc ($327k), Iglesia El Refugio En Cristo Jesus ($328k) and Gospel Broadcasting Inc ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $140k (44% of expenses). Other salaries and wages came to $7,260. At year end it held assets of $92k against liabilities of $2,853, net assets of $89k. It reported 3 employees.