Kwagala Ministries International

Analysis

Kwagala Ministries International is a registered charity in United States, based in Zebulon, NC. It received its IRS tax-exemption ruling in January 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, Kwagala Ministries International reported income of $54k and spending of $53k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $54k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kwagala Ministries International sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within NC. Charities of a similar size with the same main cause include Graceful Living Ministries Inc ($54k), Celestial Church of Christ New Jerusalem Parish ($54k) and Church Builders Incorporated ($54k).

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 $17k against liabilities of $0, net assets of $17k.