Queens University at Kingston Department of Financial Services

Analysis

Queens University at Kingston Department of Financial Services is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in February 1934, 92 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending April 2024, Queens University at Kingston Department of Financial Services reported income of $894.4m and spending of $837.3m, spending 94% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $760.2m to $894.4m (+18%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Queens University at Kingston Department of Financial Services sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Big Ten Conference Inc ($879.9m), Adventist Healthcare Inc ($910.2m) and Public Health Foundation Inc ($876.0m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 33% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $7.4m (0.9% of expenses). Other salaries and wages came to $371.2m. At year end it held assets of $2.67bn against liabilities of $1.03bn, net assets of $1.64bn.