MINISTRY SPOTLIGHT: Kenneth Copeland Ministries (KCM)
Kenneth Copeland Ministries (KCM)
Summary: Kenneth Copeland Ministries (KCM) began in 1967 as the speaking platform for Kenneth Copeland. Besides offices in the United States, KCM has offices in Canada, Africa, Asia, Australia, Ukraine and Latin America.
As a media platform, it has broadcasting programming going on 24/7. A significant emphasis is on worldly success and the power of one to control their own future through positive words by “speaking” their desires into reality and positive acts. It is what is labeled “Word of Faith” or “Prosperity Theology”.
KCM also created a “college” that offers a two-year program that KCM indicates that its teaching “embodies the foundational teachings of Kenneth Copeland MInistries”.
Part of the current operation is used for religious worship at Eagle Mountain International Church; however, all activities are under the umbrella of a “church” for IRS purposes, so that it does not file an IRS form 990; and because of that, less information is available to the public at large.
More than 20 family members have been employed by Kenneth Copeland Ministries. Besides Kenneth and Gloria Copeland as the founders, speakers and authors, their son-in-law George Pearsons is the CEO of KCM and co-pastor to Eagle Mountain International Church. Copeland’s oldest daughter, Terri is the CEO of the Kenneth Copeland Bible College and is listed as KCM’s “Chief Visionary Officer” and co-pastor to Eagle Mountain International Church. Copeland’s other daughter Kellie is Manager of Covenant Partner Services and is also referred to as “Commander Kellie”. Copeland’s son, John, worked for KCM in various positions for 23 years, including serving as CEO until 2017.
KCM also produces, and sells a constant stream of books, ebooks, CDs, and other media of the Copeland’s. They also sell various apparel and merchandise for both children and adults, hats, hoodies, jackets, shirts and various other miscellaneous merchandise.
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In addition, KCM lists on its website under “About Us”, its “Elite CX Team” which is in constant progress to raise money and purchase newer luxury jets as well as success stories of past purchases.
The aim of Kenneth Copeland Ministries is a platform for the Copeland family to communicate its Bible theology to the world.
MinistryWatch Donor Confidence Score: 10 (out of a possible 100) “Withhold Giving”
MinistryWatch Financial Efficiency Rating: 0 Star (out of a possible 5 Stars)
MinistryWatch Transparency Grade: F
ECFA Member? No
Revenue in Most Recent Year Available (2021): $135,000,000 (estimated, according to KCM’s 2021 “Covenant Partner Report” that it was generous with 10 percent of its “offerings”, which KCM indicates as $13,525,952. Not sure how KCM defines “offering”, so total revenue was most likely significantly more, but cannot be verified because they do not produce an audited financial statement or IRS form 990.)
Five-Year Revenue Trend: (KCM is not open about its financial position)
Percent of Revenue KCM Spends on Fundraising: (KCM not open about its financial position)
CEO: George Pearsons (son-in-law to Kenneth Copeland)
President’s Salary and Other Compensation: KCM does not provide salary information, or how much the housing allowance is, or the information on royalty and book sales paid, or its retirement plan payments. $850 million is the estimated net worth of Kenneth Copeland according to celebritydig.com on 08/13/2022. In addition to an estimated $7 million “parsonage” and as such exempt from property tax. In addition to multiple ministry luxury jets on its own ministry airport.
Complete MinistryWatch profile for Kenneth Copeland Ministries can be found here.
Find recent MinistryWatch articles mentioning Kenneth Copeland Ministries here.