Kingsway Elementary School

Analysis

Kingsway Elementary School is a registered charity in United States, based in Orrville, OH. It received its IRS tax-exemption ruling in July 1993, 33 years ago. 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 July 2024, Kingsway Elementary School reported income of $2.0m and spending of $1.9m, spending 96% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.6m to $2.0m (+22%), an average of +4.0% a year. The sharpest change came in the year to July 2021, when income rose by 50%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingsway Elementary School sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include United Parents ($2.0m), Rebuilding Together-Nashville ($2.0m) and Winsted Area Child Care Center Inc ($2.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $61k (3.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.1m against liabilities of $22k, net assets of $2.1m. It reported 74 employees.