Kenyons Gospel Publishing Society Inc

Analysis

Kenyons Gospel Publishing Society Inc is a registered charity in United States, based in Lynnwood, WA. It received its IRS tax-exemption ruling in August 1949, 77 years ago. 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, Kenyons Gospel Publishing Society Inc reported income of $88k and spending of $123k, spending 139% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $566k to $88k (-84%), an average of -60% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kenyons Gospel Publishing Society Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Little League Baseball Inc ($88k), Missouri River Christian Broadcasting Inc MRCB ($88k) and Learn to Read Council of Athens and Limestone County Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.