C B King Memorial School Inc

Analysis

C B King Memorial School Inc is a registered charity in United States, based in McGehee, AR. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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, C B King Memorial School Inc reported income of $7.6m and spending of $8.2m, spending 107% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $8.3m to $7.6m (-8.8%), an average of -1.8% a year. The sharpest change came in the year to June 2020, when income dropped by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, C B King Memorial School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Chandler Gilbert Arc ($7.6m), Wonderspring ($7.6m) and National Academy of Public Administration ($7.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $4.1m. At year end it held assets of $4.1m against liabilities of $697k, net assets of $3.4m. It reported 152 employees.