Knightsong Ministries

Analysis

Knightsong Ministries is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in June 2016, 10 years ago. 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, Knightsong Ministries reported income of $75k and spending of $80k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $68k to $75k (+10%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knightsong Ministries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Mountain Mentors ($75k), The Cunningham School Parent Teacher Organization Inc ($75k) and Empire State Association of the Deaf ($75k).

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 $72k against liabilities of $0, net assets of $72k.