Koinonia Ministries Inc

Analysis

Koinonia Ministries Inc is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in July 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, Koinonia Ministries Inc reported income of $63k and spending of $77k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $63k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Koinonia Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Olive Tree International ($63k), Christian Training Organization ($63k) and Christian Life International Worship Center Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.