Kingdom Financiers Ministries International

Analysis

Kingdom Financiers Ministries International is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 2022, 4 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 Financiers Ministries International reported income of $6.5m and spending of $6.4m, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $130k to $6.5m (+4915%), an average of +608% a year. The sharpest change came in the year to December 2022, when income rose by 3699%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Financiers Ministries International sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Lancaster County Christian School ($6.5m), Training Leaders International ($6.5m) and Love Worth Finding Ministries Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $46k (0.7% of expenses). Other salaries and wages came to $271k. At year end it held assets of $191k against liabilities of $0, net assets of $191k. It reported 4 employees.