Clayton King Ministries Inc

Analysis

Clayton King Ministries Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in February 1998, 28 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 September 2023, Clayton King Ministries Inc reported income of $3.4m and spending of $3.1m, spending 91% of its income. Across the 4 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.4m (+43%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 153%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Clayton King Ministries Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Jet U S a Inc ($3.4m), Lantern Foundation ($3.4m) and Talmud Tora Breslev Inc ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 17% and program service revenue 74% of the total. Other salaries and wages came to $885k. At year end it held assets of $4.5m against liabilities of $47k, net assets of $4.5m. It reported 67 employees.