Kingsway Charities Inc
100% goes to programs $0 to raise $100 Strong reserves Growing revenue
Kingsway Charities Inc is a 501(c)(3) organization based in Bristol, Tennessee, registered in 1993, with $266,303,035 in FY2024 revenue. CharityIndex grades it A+, and it directs about 100% of spending to programs.
1807 Bay St, Bristol, TN, 37620 EIN 54-1668650 Since 1993
Revenue (FY2024)
$266.3M
▲ 1640.2% vs prior year
International median: $227K
Expenses (FY2024)
$142.8M
Net assets
$131.3M
Employees
6
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kingsway Charities Inc: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating11 mo reserves · +46% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kingsway Charities Inc: 11 mo reserves · +46% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kingsway Charities Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kingsway Charities Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
The primary purpose of the organization is to supply medications and medical supplies to medical mission teams traveling worldwide.
Contact & location
- Address
- 1807 Bay St, Bristol, TN, 37620
- City
- Bristol
- State
- Tennessee
- Subcategory
- International Development & Relief
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $47.2M (FY2018) to $266.3M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $131.3M
Operating margin
46.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$131.3M
Total liabilities
$0
Net assets
$131.3M
Salaries & benefits
$678K
0% of expenses
Board members
13
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $266,303,035▲1640% | $142,763,808▲1105% | $131,309,346▲1583% | $131,309,346▲1583% | 990 |
| 2023 | $15,302,918▼12.5% | $11,847,568▼66.9% | $7,802,527▲79.8% | $7,803,791▲79.8% | 990 |
| 2022 | $17,495,514▼72.4% | $35,824,611▼47.1% | $4,338,876▼80.9% | $4,340,707▼80.9% | 990 |
| 2021 | $63,381,174▼49.5% | $67,671,580▼43.3% | $22,737,820▼15.7% | $22,739,501▼15.7% | 990 |
| 2020 | $125,538,803▼2.6% | $119,411,118▼8.9% | $26,970,809▲16.8% | $26,973,681▲16.8% | 990 |
| 2019 | $128,891,638▲173% | $131,018,518▲203% | $23,085,141▼1.3% | $23,085,186▼1.3% | 990 |
| 2018 | $47,195,429 | $43,229,162 | $23,385,555 | $23,385,555 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mary Ann Blessing — $151,500 (0.11% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mary Ann Blessing | President | 40 | $151,500 |
| Marybeth Blessing | Dir | 40 | $72,183 |
| Benjamin Blessing | Dir | 1 | — |
| Gregory Jones | Secretary | 4 | — |
| Greg Tebeau | Dir | 4 | — |
| Herschel Blessing | Dir | 1 | — |
| James Gregory | Chairman | 4 | — |
| Jefferson Gregory | Dir | 1 | — |
| Joan Gregory | Dir | 1 | — |
| John Gregory | Chairman Emeritus | 4 | — |
| Jordan Gregory | Dir | 1 | — |
| Joseph Gregory | Dir | 1 | — |
| Susan Gregory Sorrell | Treas | 1 | — |
Grants received · $233.9M total
16 grants to Kingsway Charities Inc totaling $233.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Medical care | 2024 | $20,000 |
| Medical Teams International | Help those in need | 2021 | $1,128,422 |
| Medical Teams International | Help those in need | 2020 | $453,497 |
| Medical Teams International | Help those in need | 2019 | $1,299,071 |
| Medical Teams International | Help people in need | 2018 | $5,659,145 |
| International Aid Inc | Provide relief and assistance for ill, needy, and infants | 2017 | $5,636,206 |
| Medical Teams International | Help people in need | 2017 | $1,646,893 |
| Medical Teams International | Help people in need | 2017 | $1,646,893 |
| Christian Aid Ministries | Medical assistance | 2017 | $10,072 |
| International Aid Inc | Provide relief and assistance for ill, needy, and infants | 2016 | $30,396,470 |
| Medical Teams International | Help people in need | 2016 | $4,289,586 |
| Christian Aid Ministries | Medical assistance | 2016 | $223,914 |
| Medical Teams International | Help people in need | 2015 | $43,624,253 |
| International Aid Inc | Provide relief and assistance for ill, needy, and infants | 2015 | $13,322,061 |
| Medical Teams International | Help people in need | 2014 | $105,927,904 |
Grants made · $22.1M in FY2024
66 grants totaling $22.1M in FY2024 — showing the 15 largest. All grants made by Kingsway Charities Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Cross International Inc | Global healthcare | $10,065,724 |
| South Tulsa Baptist Church | Global healthcare | $7,546,167 |
| Highlands Fellowship Church | Local aid | $1,164,629 |
| Helping Hands Society of Los Angeles | Local aid | $595,524 |
| Oak Grove Advent Christian Church | Global healthcare | $292,875 |
| Milestone Medical Outreach Inc | Global healthcare | $186,293 |
| Refugee Health Alliance | Global healtcare | $183,432 |
| Yeshua Medical Ministries Inc | Global healthcare | $178,495 |
| Venezuela Now Inc | Global healthcare | $143,252 |
| Ministerio De Cristo Salvando Al Mundo Inc | Global healthcare | $126,954 |
| When In Need Foundation Inc | Global healthcare | $99,881 |
| Reach Beyond Borders | Global healthcare | $95,426 |
| North American Taiwanese Medical | Global healtcare | $85,792 |
| Caring Partners International Inc | Global healthcare | $83,846 |
| Wecare Missions Inc | Global healthcare | $79,521 |
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Frequently asked questions
- Is Kingsway Charities Inc a legitimate nonprofit?
- Yes. Kingsway Charities Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1668650, based in Bristol, Tennessee. Donations are tax-deductible.
- What is Kingsway Charities Inc's EIN?
- Kingsway Charities Inc's Employer Identification Number (EIN) is 54-1668650.
- How much revenue does Kingsway Charities Inc report?
- Kingsway Charities Inc reported $266,303,035 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Kingsway Charities Inc's spending goes to programs?
- Kingsway Charities Inc spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kingsway Charities Inc have?
- CharityIndex grades Kingsway Charities Inc A+, based on program efficiency and fundraising cost.
- How much does Kingsway Charities Inc's highest-paid employee make?
- The highest reported compensation on Kingsway Charities Inc's latest Form 990 is $151,500, paid to Mary Ann Blessing (President).
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Data for Kingsway Charities Inc (EIN 54-1668650) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.