Kingsbury Wellness and Learning Group

Analysis

Kingsbury Wellness and Learning Group is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in August 2020, 6 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, Kingsbury Wellness and Learning Group reported income of $704k and spending of $703k, spending 100% of its income. Across the 5 years on record, from June 2020 to December 2023, income grew from $317k to $704k (+122%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 86%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kingsbury Wellness and Learning Group sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Intelligent Transportation Society of America Its America ($704k), Habitat for Humanity International Inc ($704k) and Lititz Public Library Inc ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $256k (36% of expenses). Other salaries and wages came to $105k. At year end it held assets of $47k against liabilities of $119k, net assets of -$72k. It reported 7 employees.