Killingsworth

Analysis

Killingsworth is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 1974, 52 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Killingsworth reported income of $321k and spending of $358k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $321k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Killingsworth sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include Alabama Christian Education Association ($321k), Nfria Wserc Conservation Center Inc ($321k) and Spojnia Home for the Aged & Disabled ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $66k (19% of expenses). Other salaries and wages came to $158k. At year end it held assets of $180k against liabilities of $91k, net assets of $89k. It reported 11 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.