New Breed Kingdom Ministries

Analysis

New Breed Kingdom Ministries is a registered charity in United States, based in Anna, TX. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Breed Kingdom Ministries reported income of $155k and spending of $155k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $108k to $155k (+44%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, New Breed Kingdom Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include American Compassion Life Association ($155k), A Watering Can ($156k) and Communities of Grace International ($155k).

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 $329 against liabilities of $0, net assets of $329.