Royal Corporation

Analysis

Royal Corporation is a registered charity in United States, based in East Point, GA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Royal Corporation reported income of $761k and spending of $1.1m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income grew from $632k to $761k (+20%), an average of +4.8% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Royal Corporation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Kings Harvest Inc ($761k), Hearts on Fire Ministries Inc ($761k) and Islamic Center of Puget Sound ($760k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $12k (1.2% of expenses). Other salaries and wages came to $272k. At year end it held assets of $139k against liabilities of $195k, net assets of -$55k. It reported 11 employees.