Kings Court

Analysis

Kings Court is a registered charity in United States, based in Mullins, SC. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Kings Court reported income of $334k and spending of $290k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $232k to $334k (+44%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kings Court sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within SC. Charities of a similar size with the same main cause include 123 Crawford Street Inc ($334k), New Beginnings of Southwest Florida ($334k) and Aileen Avery HDFC ($334k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $95k against liabilities of $10k, net assets of $85k.