Kenton Pate Ministries

Analysis

Kenton Pate Ministries is a registered charity in United States, based in Midway, TX. It received its IRS tax-exemption ruling in September 1967, 59 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kenton Pate Ministries reported income of $146k and spending of $151k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $146k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenton Pate Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Pleasanton Junior Football League Inc ($146k), District 2-A2 Sight & Tissue Foundation Inc ($146k) and North Carolina Music Hall of Fame Inc ($146k).

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 $12k against liabilities of $0, net assets of $12k.