Kingdom Ministries Inc
Kingdom Ministries Inc. shows modest revenue growth but experienced a slight deficit in its latest fiscal year with declining assets.
EIN: 204155515 · Fort Mill, SC · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $106K |
| Total Expenses | $111K |
| Program Spending | 85% |
| Net Assets | $9K |
| Transparency Score | 75/100 |
Is Kingdom Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingdom Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingdom Ministries Inc
Kingdom Ministries Inc (EIN: 204155515) is a nonprofit organization based in Fort Mill, SC, classified under NTEE code X21. The organization reported total revenue of $106K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingdom Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingdom Ministries Inc is a small nonprofit that has been operating for 18 years, with 6 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $111K |
| Surplus / Deficit | $-2,029 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -1.9% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Kingdom Ministries Inc reported a deficit of $2K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2010–2023), Kingdom Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +126.5% | +142.0% | -86.3% |
| 2014 | -12.2% | +38.6% | +3.7% |
| 2013 | +21.1% | -21.6% | +55.7% |
| 2012 | +15.2% | +39.3% | +8.4% |
| 2011 | +46.6% | +38.4% | +33.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kingdom Ministries Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kingdom Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not reportable as officer compensation, which is highly favorable for directing resources to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kingdom Ministries Inc's IRS 990 filings:
- Expenses ($110,850) exceeded revenue ($108,821) in the latest 2023 filing, indicating a net operating deficit.
- Total assets have significantly declined from $62,793 in 2014 to $8,631 in 2023, reducing the organization's financial reserves.
Strengths
The following positive indicators were identified for Kingdom Ministries Inc:
- Consistent 0% officer compensation across all filings, indicating efficient use of funds and dedication to the mission.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Revenue has shown a positive growth trend over the long term, from $26,751 in 2010 to $108,821 in 2023.
- No reported liabilities across all available filings, indicating a debt-free financial position.
Frequently Asked Questions about Kingdom Ministries Inc
Is Kingdom Ministries Inc a legitimate charity?
Kingdom Ministries Inc (EIN: 204155515) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 75/100. It has 6 years of IRS 990 filings on record. Total revenue: $106K. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Kingdom Ministries Inc spend its money?
Kingdom Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kingdom Ministries Inc tax-deductible?
Kingdom Ministries Inc is registered as a tax-exempt nonprofit (EIN: 204155515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kingdom Ministries Inc's spending goes to programs?
Kingdom Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kingdom Ministries Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kingdom Ministries Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kingdom Ministries Inc located?
Kingdom Ministries Inc is headquartered in Fort Mill, South Carolina and files with the IRS under EIN 204155515. It is classified under NTEE code X21.
How many years of IRS 990 filings does Kingdom Ministries Inc have?
Kingdom Ministries Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $106K in total revenue.
Is Kingdom Ministries Inc. financially stable?
While the organization has a consistent revenue stream, the 2023 filing shows expenses ($110,850) exceeding revenue ($108,821), and assets have declined from a peak of $62,793 in 2014 to $8,631 in 2023, suggesting a need for careful financial management to maintain stability.
How does Kingdom Ministries Inc. use its funds?
Without detailed expense breakdowns, it's difficult to ascertain precise allocations. However, the consistent 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries.
Has Kingdom Ministries Inc. grown over time?
Yes, revenue has grown from $26,751 in 2010 to $108,821 in 2023, indicating a significant increase in its operational scale over the past decade.
Filing History
IRS 990 filing history for Kingdom Ministries Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2023), Kingdom Ministries Inc's revenue has grown by 306.8%, moving from $27K to $109K. Total assets decreased by 67.9% over the same period, from $27K to $9K. Total functional expenses rose by 407.1%, from $22K to $111K. In its most recent filing year (2023), Kingdom Ministries Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $111K | $9K | $0 | — | — |
| 2014 | $48K | $46K | $63K | $0 | — | View 990 |
| 2013 | $55K | $33K | $61K | $0 | — | View 990 |
| 2012 | $45K | $42K | $39K | $0 | — | View 990 |
| 2011 | $39K | $30K | $36K | $0 | — | View 990 |
| 2010 | $27K | $22K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $111K, and assets of $9K (revenue +126.5% year-over-year).
- 2014: Revenue of $48K, expenses of $46K, and assets of $63K (revenue -12.2% year-over-year).
- 2013: Revenue of $55K, expenses of $33K, and assets of $61K (revenue +21.1% year-over-year).
- 2012: Revenue of $45K, expenses of $42K, and assets of $39K (revenue +15.2% year-over-year).
- 2011: Revenue of $39K, expenses of $30K, and assets of $36K (revenue +46.6% year-over-year).
- 2010: Revenue of $27K, expenses of $22K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingdom Ministries Inc:
Data Sources and Methodology
This transparency report for Kingdom Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.