Kingdom Rock Childrens Village Inc

Analysis

Kingdom Rock Childrens Village Inc is a registered charity in United States, based in Somerville, MA. It received its IRS tax-exemption ruling in January 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, Kingdom Rock Childrens Village Inc reported income of $695k and spending of $671k, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $373k to $695k (+86%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingdom Rock Childrens Village Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Mayo Medical Alumni Association ($695k), Iec of Arizona University ($695k) and A Partnership for Change Inc ($695k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $281k (42% of expenses). Other salaries and wages came to $160k. At year end it held assets of $20k against liabilities of $182k, net assets of -$162k.