The Kings Academy
Analysis
The Kings Academy is a registered charity in United States, based in Winter Garden, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, The Kings Academy reported income of $647k and spending of $727k, spending 112% of what it took in. Across the 6 years on record, from July 2019 to July 2024, income fell from $710k to $647k (-8.9%), an average of -1.8% a year. The sharpest change came in the year to July 2023, when income rose by 91%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Kings Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Living Christ for Kids Inc ($647k), Legacy Traditional Schools ($647k) and William Woodward Jr Nursery School ($647k).
On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $485k. At year end it held assets of $384k against liabilities of $0, net assets of $384k. It reported 36 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Living Christ for Kids Inc | Plainfield | $647k |
| Legacy Traditional Schools | Chandler | $647k |
| William Woodward Jr Nursery School | New York | $647k |
| Friends of the Brandon Public Library | Brandon | $647k |