Kingdom Builders Ministries

Analysis

Kingdom Builders Ministries is a registered charity in United States, based in Cloquet, MN. It received its IRS tax-exemption ruling in March 2015, 11 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 December 2023, Kingdom Builders Ministries reported income of $115k and spending of $139k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $115k (-49%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Builders Ministries 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 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include St Martin the Merciful Orthodox Christian Church Inc ($115k), New Testament Restoration Foundation Inc ($115k) and Diamond J Cowboy Ministries ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.