Kingdom Community Development Corp

Analysis

Kingdom Community Development Corp is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Kingdom Community Development Corp reported income of $125k and spending of $166k, spending 133% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $146k to $125k (-15%), an average of -3.1% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kingdom Community Development Corp 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 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Timber Hills Housing of Alcorn County Inc ($125k), Spring Creek Manor Inc ($125k) and Brethren Housing Corporation ($125k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $57k (34% of expenses). Other salaries and wages came to $4,538. At year end it held assets of $300k against liabilities of $175k, net assets of $125k.