Kingswood Academy

Analysis

Kingswood Academy is a registered charity in United States, based in Darien, IL. It received its IRS tax-exemption ruling in September 1998, 28 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 July 2024, Kingswood Academy reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $872k to $1.3m (+48%), an average of +10% a year. The sharpest change came in the year to July 2021, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingswood Academy sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Snipes Farm and Education Center ($1.3m), CMS Foundation ($1.3m) and Groove with Me Inc ($1.3m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 31% and program service revenue 65% of the total. Other salaries and wages came to $803k. At year end it held assets of $739k against liabilities of $65k, net assets of $673k. It reported 40 employees.