Kings Fair Pledge Foundation Inc

Analysis

Kings Fair Pledge Foundation Inc is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 Fair Pledge Foundation Inc reported income of $240k and spending of $94k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $240k (+185%), an average of +185% a year. The sharpest change came in the year to December 2023, when income rose by 185%. Over the whole period it spent 41% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kings Fair Pledge Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Rhode Island Business Development Institute Inc ($240k), Ccidc Inc ($240k) and Instruction Construction ($240k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 81% of the total. At year end it held assets of $322k against liabilities of $0, net assets of $322k.