Kingdom Truth University

Analysis

Kingdom Truth University is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Kingdom Truth University reported income of $189k and spending of $193k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $131k to $189k (+44%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 44%. 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 Truth University sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Cofy - Community Outreach for Family and Youth ($189k), Arbor Creek Montessori Academy Inc ($189k) and Chartiers Valley Band Boosters Inc ($189k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 89% of the total. At year end it held assets of $83k against liabilities of $100k, net assets of -$17k.