Kingdom Homestead

Analysis

Kingdom Homestead is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Homestead reported income of $228k and spending of $200k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $228k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kingdom Homestead sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Doxazo Ministries Inc ($228k), Lifebridge Community Incorporated ($228k) and Amachi Mentoring ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $109k. At year end it held assets of $106k against liabilities of $2,580, net assets of $103k. It reported 4 employees.