Kevin Cooley Ministries Inc
Analysis
Kevin Cooley Ministries Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in April 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 (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 2022, Kevin Cooley Ministries Inc reported income of $345k and spending of $384k, spending 111% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $333k to $345k (+3.6%), an average of +1.8% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Kevin Cooley Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Mitzvah Matters Inc ($345k), Precious Present Truth Inc ($345k) and Circlewood ($345k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $133k against liabilities of $7,901, net assets of $125k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mitzvah Matters Inc | Los Angeles | $345k |
| Precious Present Truth Inc | Laurel | $345k |
| Circlewood | Camano Island | $345k |
| Empowerment Academy of Charlotte Inc | Harrisburg | $345k |