One King Inc

Analysis

One King Inc is a registered charity in United States, based in Grandview, MO. It received its IRS tax-exemption ruling in March 2016, 10 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, One King Inc reported income of $788k and spending of $721k, spending 92% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $137k to $788k (+475%), an average of +140% a year. The sharpest change came in the year to June 2023, when income rose by 2105%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, One King Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Friends of Kishinev Jewry ($788k), Shree Jalaram Mandir ($788k) and Hamd Institute ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). At year end it held assets of $129k against liabilities of $12k, net assets of $117k.