Kings Engineering Fellowship

Analysis

Kings Engineering Fellowship is a registered charity in United States, based in Orange City, IA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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 Engineering Fellowship reported income of $75k and spending of $132k, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $75k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kings Engineering Fellowship sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Road Runners Club of America ($75k), Campbell Parents Participation Preschool Inc ($75k) and Brookside Elementary School PTO ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $43k (32% of expenses). Other salaries and wages came to $8,619. At year end it held assets of $1.6m against liabilities of $1.4m, net assets of $232k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.