Kings Palace Services

Analysis

Kings Palace Services is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Kings Palace Services reported income of $111k and spending of $87k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $111k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kings Palace Services sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Everything Together Inc ($111k), Sentara Princess Anne Hospital Auxiliary Inc ($111k) and Kahoomiki ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.