Kingdom Builders of Cny Inc

Analysis

Kingdom Builders of Cny Inc is a registered charity in United States, based in Otego, NY. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Kingdom Builders of Cny Inc reported income of $58k and spending of $46k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $58k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 36% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kingdom Builders of Cny Inc sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Mosaic Housing Corp Xix - Winfield ($58k), Atlantic County Homes Inc ($58k) and Revitalization Effort Toward New Urbanism ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $175k against liabilities of $1,291, net assets of $174k.