For the Kingdom Inc

Analysis

For the Kingdom Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, For the Kingdom Inc reported income of $1.2m and spending of $1.9m, spending 152% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $937k to $1.2m (+33%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, For the Kingdom Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Roundtable of St Lucie County Inc ($1.2m), K2 Adventures Foundation ($1.2m) and Boys & Girls Clubs in Texas ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $105k (5.5% of expenses). Other salaries and wages came to $555k. At year end it held assets of $2.5m against liabilities of $442k, net assets of $2.1m. It reported 59 employees.