Kingdom Coummunity Center Inc

Analysis

Kingdom Coummunity Center Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2024, Kingdom Coummunity Center Inc reported income of $157k and spending of $160k, spending 102% of its income. Across the 4 years on record, from May 2020 to May 2024, income grew from $5,100 to $157k (+2977%), an average of +213% a year. The sharpest change came in the year to May 2022, when income rose by 979%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kingdom Coummunity Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IA. Charities of a similar size with the same main cause include Aim High Center Inc ($157k), The Power House Alliance Inc ($157k) and Horizon Residential Alternatives II Inc ($157k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $309k against liabilities of $16k, net assets of $293k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.