Kings University

Analysis

Kings University is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kings University reported income of $6.9m and spending of $6.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $6.9m (+9.4%), an average of +2.3% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kings University sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Chicago Scholars Foundation ($6.9m), Laureate Academy Inc ($6.9m) and Shining Star Foundation ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $590k (8.6% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 179 employees.