Kolbe Prison Ministries

Analysis

Kolbe Prison Ministries is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kolbe Prison Ministries reported income of $125k and spending of $422k, spending 337% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $402k to $125k (-69%), an average of -69% a year. The sharpest change came in the year to December 2023, when income dropped by 69%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kolbe Prison Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Harry B Crewson Foundation Inc ($125k), Deeper Life Ministries ($125k) and Voices of the World ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.