King City Community Scholarships Inc

Analysis

King City Community Scholarships Inc is a registered charity in United States, based in King City, CA. 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 (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, King City Community Scholarships Inc reported income of $88k and spending of $73k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $74k to $88k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, King City Community Scholarships Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Maxmath Tutoring Online Inc California Branch ($88k), Cave Creek Unified Education Foundation ($88k) and Maxmath Tutoring Online Inc Pennsylvania Branch Corporation ($88k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.