Kingdom of Grace Ministries

Analysis

Kingdom of Grace Ministries is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in September 2008, 18 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 of Grace Ministries reported income of $207k and spending of $191k, spending 92% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $457k to $207k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom of Grace Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include The Neshama Foundation Inc ($207k), Mellinger Mennonite Cemetery ($207k) and Len Ministries Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (39% of expenses). Other salaries and wages came to $18k. At year end it held assets of $402k against liabilities of $144k, net assets of $258k. It reported 2 employees.