Kingdom Gravity Ministries International Inc

Analysis

Kingdom Gravity Ministries International Inc is a registered charity in United States, based in Lake City, FL. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kingdom Gravity Ministries International Inc reported income of $147k and spending of $152k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $147k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingdom Gravity Ministries International Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include McMinnville School District 40 Education Foundation ($147k), Oregon Christian Home Education ($147k) and Advanced Diagnostic Institute ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $8,222 against liabilities of $21, net assets of $8,201.