Kingdom Fellowship Covenant Ministries Inc

Analysis

Kingdom Fellowship Covenant Ministries Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 2007, 19 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 Fellowship Covenant Ministries Inc reported income of $329k and spending of $421k, spending 128% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $199k to $329k (+65%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 239%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Fellowship Covenant Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Cny Crossroads Inc ($329k), Vision 938 Inc ($329k) and Youth with a Mission Greater Philadelphia Inc ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $18k against liabilities of $467k, net assets of -$449k.

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.