Kingdom Community Center CDC

Analysis

Kingdom Community Center CDC is a registered charity in United States, based in Southhaven, MS. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Community Center CDC reported income of $76k and spending of $76k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $76k (-5.1%), an average of -5.1% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kingdom Community Center CDC sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within MS. Charities of a similar size with the same main cause include Rifle Community Foundation ($76k), Land Conservation Society of Texas Inc ($76k) and Acedc Fund Inc ($76k).

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 $110 against liabilities of $0, net assets of $110.