Koinonia Conference Grounds
Analysis
Koinonia Conference Grounds is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in September 2013, 13 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 September 2023, Koinonia Conference Grounds reported income of $3.2m and spending of $2.2m, leaving 32% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $3.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2022, when income rose by 117%. Over the whole period it spent 89% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Koinonia Conference Grounds sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Community Educational Television ($3.2m), Mybridge ($3.2m) and East Valley JCC ($3.2m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $104k (4.8% of expenses). Other salaries and wages came to $773k. At year end it held assets of $6.0m against liabilities of $262k, net assets of $5.8m. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 80%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Educational Television | Fort Worth | $3.2m |
| Mybridge | Lincoln | $3.2m |
| East Valley JCC | Chandler | $3.2m |
| Ner Gavriel Fund Inc | Toms River | $3.2m |