Kingston College Old Boys Assoc USA Inc

Analysis

Kingston College Old Boys Assoc USA Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Kingston College Old Boys Assoc USA Inc reported income of $195k and spending of $167k, spending 86% of its income. Across the 3 years on record, from May 2019 to May 2023, income grew from $161k to $195k (+21%), an average of +9.9% a year. The sharpest change came in the year to May 2022, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingston College Old Boys Assoc USA Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include The Roth Auxiliary for Children ($195k), San Ramon Valley Education Foundation ($195k) and Jasper Pickett Foundation Inc ($195k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $198k against liabilities of $19k, net assets of $178k.