Kings Against Violence Initiative Inc

Analysis

Kings Against Violence Initiative Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kings Against Violence Initiative Inc reported income of $3.9m and spending of $3.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $615k to $3.9m (+539%), an average of +59% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kings Against Violence Initiative Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Club of Tucson ($3.9m), Dreamers Academy Inc ($3.9m) and Bristol Boys & Girls Club Association Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $428k (13% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $518k, net assets of $2.1m. It reported 27 employees.