Kingdom Life Fellowship Inc

Analysis

Kingdom Life Fellowship Inc is a registered charity in United States, based in Clinton, NC. 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 (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 Life Fellowship Inc reported income of $199k and spending of $136k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $199k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kingdom Life Fellowship Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NC. Charities of a similar size with the same main cause include House for Priests of Divine Will ($199k), Worshipmob ($199k) and House Kansas Inc ($199k).

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 $132k against liabilities of $0, net assets of $132k.