Kingdom Fire Ministries

Analysis

Kingdom Fire Ministries is a registered charity in United States, based in RCH Palos VRD, CA. It received its IRS tax-exemption ruling in July 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, Kingdom Fire Ministries reported income of $1.4m and spending of $998k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $415k to $1.4m (+242%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Fire Ministries sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Memorial Foundation for Jewish Culture Inc ($1.4m), American Friends of Neveh Zion ($1.4m) and Blanton Peale Graduate Institute Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $202k (20% of expenses). Other salaries and wages came to $97k. At year end it held assets of $1.4m against liabilities of -$7,123, net assets of $1.4m. It reported 2 employees.