Kings Classical Academy

Analysis

Kings Classical Academy is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kings Classical Academy reported income of $828k and spending of $850k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $541k to $828k (+53%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 61%. 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, Kings Classical Academy sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include On Ramps ($827k), Greyfriars Classical Academy ($828k) and West Marin Scholarship Program ($827k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $498k. At year end it held assets of $122k against liabilities of $0, net assets of $122k. It reported 18 employees.