Kingdom Prayer Initiatives Inc
Analysis
Kingdom Prayer Initiatives Inc is a registered charity in United States, based in Montgomery, OH. It received its IRS tax-exemption ruling in June 2018, 8 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 Prayer Initiatives Inc reported income of $114k and spending of $81k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $114k (+6.0%), an average of +6.0% a year. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Prayer Initiatives Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include El Shaddai Emmaus Community of Illiana Inc ($114k), Christian Home Ministries Inc ($114k) and Friends of the Franciscan Chapel Center Inc ($114k).
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 $175k against liabilities of $150, net assets of $175k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| El Shaddai Emmaus Community of Illiana Inc | Terre Haute | $114k |
| Christian Home Ministries Inc | Cedar Ridge | $114k |
| Friends of the Franciscan Chapel Center Inc | Dallas | $114k |
| United Inc | Broken Arrow | $114k |