Kingston Penuel Christian Center Inc

Analysis

Kingston Penuel Christian Center Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in June 2017, 9 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, Kingston Penuel Christian Center Inc reported income of $515k and spending of $307k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $515k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 267%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingston Penuel Christian Center 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 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include The Revival for Christ Club Inc ($515k), Veriditas Inc ($515k) and Eliot Institute ($514k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $12k (3.9% of expenses). Other salaries and wages came to $82k. At year end it held assets of $1.2m against liabilities of $663k, net assets of $503k.