Koinoneo Independent Mission Agency

Analysis

Koinoneo Independent Mission Agency is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 2013, 13 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, Koinoneo Independent Mission Agency reported income of $80k and spending of $95k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $80k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Koinoneo Independent Mission Agency sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Ladies of Charity of the United States of Ameriaca ($80k), Louder Than Words Ministries ($81k) and Al - Rowda Mosque ($80k).

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 $11k against liabilities of $0, net assets of $11k.