Friends of J L King

Analysis

Friends of J L King is a registered charity in United States, based in Starkville, MS. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of J L King reported income of $60k and spending of $81k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,686 to $60k (+589%), an average of +589% a year. The sharpest change came in the year to December 2023, when income rose by 589%. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of J L King sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include Lighthouse Christian Homeschool Association ($60k), Friends of Music of LA Quinta High School ($60k) and Alma Area Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.