The Children of the King Enrichment Center Inc

Analysis

The Children of the King Enrichment Center Inc is a registered charity in United States, based in Winter Haven, FL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Children of the King Enrichment Center Inc reported income of $85k and spending of $66k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $85k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Children of the King Enrichment Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Georgia Christian Academy Inc ($85k), Mequon-Theinsville Area Council Parent Teacher Organization ($85k) and Portland Public Schools Athletic Hall of Fame Association ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $23k, net assets of $11k.