Kings Way Foundation

Analysis

Kings Way Foundation is a registered charity in United States, based in Yukon, OK. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Way Foundation reported income of $53k and spending of $54k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $132k to $53k (-60%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kings Way Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include Illinois Park & Recreation FNDTN ($53k), Westmont Lions Foundation ($53k) and Gibson County Pioneer Quarterback Club ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.