A Kernel of Wheat Christian Ministries

Analysis

A Kernel of Wheat Christian Ministries is a registered charity in United States, based in S Pasadena, CA. It received its IRS tax-exemption ruling in December 2001, 25 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, A Kernel of Wheat Christian Ministries reported income of $55k and spending of $94k, spending 172% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $147k to $55k (-63%), an average of -22% a year. The sharpest change came in the year to December 2020, when income rose by 192%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A Kernel of Wheat Christian Ministries sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Downtown Islamic Center Inc ($55k), Irmandade Do Divino Espirito Santo Independente de Novato Cal ($55k) and Azusa Streetriders Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 198% of the total. At year end it held assets of $1.3m against liabilities of $17k, net assets of $1.3m.