Kpa Ministries Inc

Analysis

Kpa Ministries Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kpa Ministries Inc reported income of $2.4m and spending of $2.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.6m to $2.4m (+49%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 820%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kpa Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Dental Foundation of North Carolina Inc Dr John C Brauer ($2.4m), Cornerstone Christian Academy ($2.4m) and Modern Montessori Charter School ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $86k (3.8% of expenses). Other salaries and wages came to $1.0m. It paid $62k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $1.5m, net assets of $2.4m. It reported 99 employees.