Alice King Community School Foundation

Analysis

Alice King Community School Foundation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 2008, 18 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, Alice King Community School Foundation reported income of $719k and spending of $568k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $537k to $719k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alice King Community School Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NM. Charities of a similar size with the same main cause include The Winning Academy Inc ($719k), The Academy of Coastal Carolina Inc ($719k) and Wonderbloom ($719k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 96% of the total. At year end it held assets of $12.4m against liabilities of $12.7m, net assets of -$352k.