Kingdom Beats Inc

Analysis

Kingdom Beats Inc is a registered charity in United States, based in Vienna, IL. It received its IRS tax-exemption ruling in May 2020, 6 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 Beats Inc reported income of $88k and spending of $62k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $88k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 61% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Beats Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Institute of Jewish Knowledge & Learning Inc ($88k), Cell Church Consulting International ($88k) and Early Rain Ministries Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.