Koinonia Community Solutions

Analysis

Koinonia Community Solutions is a registered charity in United States, based in Winterville, NC. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Koinonia Community Solutions reported income of $823k and spending of $560k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $161k to $823k (+412%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 332%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Koinonia Community Solutions sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Violence Free Crisis Line ($823k), Goodland Inc ($824k) and Ft Cares Foundation ($823k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $246k. At year end it held assets of $468k against liabilities of $115k, net assets of $353k. It reported 55 employees.