Kings Mountain Elite Club

Analysis

Kings Mountain Elite Club is a registered charity in United States, based in Kings MTN, NC. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Kings Mountain Elite Club reported income of $60k and spending of $43k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $60k (-7.5%), an average of -7.5% a year. Over the whole period it spent 58% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kings Mountain Elite Club sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within NC. Charities of a similar size with the same main cause include Just Imagine ($60k), Valley Youth Organization Inc ($60k) and World Peace Parents ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% of the total. At year end it held assets of $334k against liabilities of $0, net assets of $334k.