Kingsland Foundation Inc

Analysis

Kingsland Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kingsland Foundation Inc reported income of $524k and spending of $426k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $524k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kingsland Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Doyle School Community Center ($524k), Grace Network of Martinsville & Henry Co Inc ($524k) and Statewide Independent Living Council of Georgia Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $4,000 (0.9% of expenses). Other salaries and wages came to $96k. At year end it held assets of $800k against liabilities of $1,538, net assets of $798k. It reported 4 employees.