Kingmakers of Oakland

Analysis

Kingmakers of Oakland is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2020, 6 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, Kingmakers of Oakland reported income of $6.2m and spending of $5.5m, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $15.0m to $6.2m (-58%), an average of -58% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingmakers of Oakland sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Dayton Early College Academy Inc ($6.2m), Greene Town School Inc ($6.2m) and Association of Theological Schools ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $471k (8.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $13.4m against liabilities of $263k, net assets of $13.2m. It reported 37 employees.