King Academy Community School Inc

Analysis

King Academy Community School Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2012, 14 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, King Academy Community School Inc reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+11%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, King Academy Community School Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Journal of Orthopaedic & Sports Physical Therapy Inc ($1.4m), Ceti ($1.4m) and Learning Company ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $3,250 (0.3% of expenses). At year end it held assets of $1.2m against liabilities of $2.2m, net assets of -$1.0m.