Kingston College Old Boys Association of Florida Inc

Analysis

Kingston College Old Boys Association of Florida Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Kingston College Old Boys Association of Florida Inc reported income of $160k and spending of $159k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $157k to $160k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to September 2020, when income rose by 94%. 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, Kingston College Old Boys Association of Florida Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Farmers Christian Academy Inc ($160k), LA Beca Womens Scholarship Foundation ($160k) and Granite City High School Band Parents Association ($160k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $93k against liabilities of $26k, net assets of $67k.