Kingdom Advance Ministry

Analysis

Kingdom Advance Ministry is a registered charity in United States, based in Henryetta, OK. It received its IRS tax-exemption ruling in May 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 (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 Advance Ministry reported income of $89k and spending of $76k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $89k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Advance Ministry sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OK. Charities of a similar size with the same main cause include Biblical Foundations for Freedominc ($89k), Working in the Faith Outreach Ministries ($89k) and Global Deaf Muslim ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.