Kingdom Katalyst

Analysis

Kingdom Katalyst is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kingdom Katalyst reported income of $1.4m and spending of $1.5m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $887k to $1.4m (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Katalyst sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within HI. Charities of a similar size with the same main cause include Christ Medicus Foundation ($1.4m), 247 Media Ministries ($1.4m) and San Jose Canaan Taiwanese Christian Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $124k (8.1% of expenses). Other salaries and wages came to $409k. At year end it held assets of $4.8m against liabilities of $4.3m, net assets of $483k. It reported 6 employees.