Kings Academy Christian School

Analysis

Kings Academy Christian School is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kings Academy Christian School reported income of $1.9m and spending of $2.0m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $683k to $1.9m (+176%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kings Academy Christian School sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Sheboygan Leadership Academy Inc ($1.9m), Caroline & Joseph S Gruss Life Monument Funds Inc ($1.9m) and Houghton Main Street Foundation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $216k (11% of expenses). Other salaries and wages came to $837k. At year end it held assets of $395k against liabilities of $167k, net assets of $228k. It reported 100 employees.