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Kingdom Advisors Inc

RegisteredEIN 20-8690051Atlanta, GAEducation and training
Income$7.0m2023-06
Spending$6.6msame year
Spent / received96%5-year average
Size in its cause91st pctEducation and training
Exempt since2007Publicly supported organisat
Employees17latest return

Analysis

Kingdom Advisors Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Kingdom Advisors Inc reported income of $7.0m and spending of $6.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $4.9m to $7.0m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingdom Advisors Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Masada Charter School Inc ($7.0m), Pride Academy Charter School ($7.0m) and Southgate Academy Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.1m (16% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.2m against liabilities of $2.5m, net assets of $1.7m. It reported 17 employees.

Income and spending

$0$1.8m$3.5m$5.3m$7.0m2019 Income: $4,884,9962019 Spending: $4,880,83120192020 Income: $5,246,1452020 Spending: $5,161,54020202021 Income: $3,038,0622021 Spending: $2,642,48920212022 Income: $6,265,6672022 Spending: $5,944,25020222023 Income: $7,008,7092023 Spending: $6,633,3972023
IncomeSpending

Where the income comes from

  • Contributions & grants 24%
  • Program services 74%
  • Other 1.2%

Similar-sized charities, same cause

CharityLocationIncome
Masada Charter School IncColorado City$7.0m
Pride Academy Charter SchoolEast Orange$7.0m
Southgate Academy IncTucson$7.0m
Chicago Tech AcademyChicago$7.0m