Kingston Hill Academy

Analysis

Kingston Hill Academy is a registered charity in United States, based in Saunderstown, RI. It received its IRS tax-exemption ruling in May 2003, 23 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 2023, Kingston Hill Academy reported income of $5.4m and spending of $5.1m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.0m to $5.4m (+35%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingston Hill Academy sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within RI. Charities of a similar size with the same main cause include Bear Grass Charter School Inc ($5.4m), Learning Excellence Foundation of East Broward County Inc ($5.4m) and Buffalo Seminary ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $274k (5.3% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $10.3m against liabilities of $6.7m, net assets of $3.6m. It reported 75 employees.