King Manor Association of Long Island Inc

Analysis

King Manor Association of Long Island Inc is a registered charity in United States, based in Jamaica, NY. It received its IRS tax-exemption ruling in January 1979, 47 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King Manor Association of Long Island Inc reported income of $406k and spending of $386k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $241k to $406k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, King Manor Association of Long Island Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Creative City KC Inc ($406k), Academy of Himalayan Art and Children Development Inc ($406k) and Hoosier Salon Patrons Association ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). Other salaries and wages came to $175k. At year end it held assets of $355k against liabilities of $145k, net assets of $210k. It reported 6 employees.