King William Association

Analysis

King William Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 1968, 58 years ago. 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, King William Association reported income of $794k and spending of $759k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $794k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, King William Association sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Day Care Inc ($794k), Friends of Rookery Bay ($794k) and Saint Peters Research and Educational Foundation Inc ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $139k (18% of expenses). Other salaries and wages came to $182k. At year end it held assets of $2.2m against liabilities of $573k, net assets of $1.6m. It reported 8 employees.