W Wyman King Academy
Analysis
W Wyman King Academy is a registered charity in United States, based in Batesburg, SC. It received its IRS tax-exemption ruling in November 1994, 32 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 2024, W Wyman King Academy reported income of $1.4m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $982k to $1.4m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, W Wyman King Academy 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 86th percentile within SC. Charities of a similar size with the same main cause include Palestinian Students Scholarship Fund Inc ($1.4m), Akron Area Electrical Joint Apprenticeship Training Trust Fund ($1.4m) and Chevy Chase-Bethesda Community Childrens Center Inc ($1.4m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.6% and program service revenue 90% of the total. Other salaries and wages came to $738k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 38 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.6%
- Program services 90%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Palestinian Students Scholarship Fund Inc | Bridgeview | $1.4m |
| Akron Area Electrical Joint Apprenticeship Training Trust Fund | Coventry TWP | $1.4m |
| Chevy Chase-Bethesda Community Childrens Center Inc | Washington | $1.4m |
| University Rathskeller Inc | Coral Gables | $1.4m |