Kingsway Charities Inc

Organization Overview

Kingsway Charities Inc is located in Bristol, VA. The organization was established in 1993. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Kingsway Charities Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kingsway Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Kingsway Charities Inc generated $63.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $67.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Kingsway Charities Inc has awarded 662 individual grants totaling $280,075,926. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SUPPLY MEDICATIONS AND MEDICAL SUPPLIES TO MEDICAL MISSION TEAMS TRAVELING WORLDWIDE.

Describe the Organization's Program Activity:

THE PROGRAM PROVIDED MEDICATIONS AND MEDICAL SUPPLIES FOR SHIPMENT TO U.S. BASED MEDICAL MISSION TEAMS TRAVELING TO THIRD WORLD COUNTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Ann Blessing
President
$126,500
Marybeth Blessing
Dir
$63,900
John Gregory
Chairman Emeritus
$0
Greg Tebeau
Treasurer
$0
James Gregory
Chairman
$0
Gregory Jones
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$62,975,537
Noncash contributions included in lines 1a–1f $62,882,289
Total Revenue from Contributions, Gifts, Grants & Similar$62,975,537
Total Program Service Revenue$3,120
Investment income $130,893
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $116,769
Miscellaneous Revenue$0
Total Revenue $63,381,174

Grants Awarded

Over the last fiscal year, Kingsway Charities Inc has awarded $66,323,529 in support to 90 organizations.

Grant RecipientAmount

Peachtree City, GA

PURPOSE: Global healthcare

$22,138,036

CROSS CATHOLIC OUTREACH

PURPOSE: Global healthcare

$20,899,743

RETURN SOLUTIONS

PURPOSE: Destruction

$10,009,580

Fort Myers, FL

PURPOSE: Global healthcare

$4,866,850

HIGHLANDS FELLOWSHIP

Org PageRecipient Profile

Abingdon, VA

PURPOSE: Local aid

$2,619,308

Miami, FL

PURPOSE: Global healthcare

$769,771
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kingsway Charities Inc has recieved totaling $453,497.

Awarding OrganizationAmount
Medical Teams International

Tigard, OR

PURPOSE: HELP THOSE IN NEED

$453,497
View Grant Recipient Profile

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