Koenes Ministries Inc

Analysis

Koenes Ministries Inc is a registered charity in United States, based in Manhattan, MT. It received its IRS tax-exemption ruling in November 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, Koenes Ministries Inc reported income of $180k and spending of $188k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $180k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Koenes Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MT. Charities of a similar size with the same main cause include Homes of a Loving Fathers Dream Center ($180k), His Outreach Worldwide Inc ($180k) and Rescue America Baptist Missions Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.