Kingsman Academy Public Charter School

Analysis

Kingsman Academy Public Charter School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2015, 11 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, Kingsman Academy Public Charter School reported income of $11.1m and spending of $10.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $11.1m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingsman Academy Public Charter School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Partnership Academy Inc ($11.1m), PLC Charter Schools ($11.1m) and Aileron Corp ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $196k (1.8% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $15.8m against liabilities of $8.0m, net assets of $7.8m. It reported 63 employees.