Kings Academy Childhood Enrichment Center Inc

Analysis

Kings Academy Childhood Enrichment Center Inc is a registered charity in United States, based in Axton, VA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Academy Childhood Enrichment Center Inc reported income of $405k and spending of $450k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $405k (+52%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kings Academy Childhood Enrichment Center Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Nurture Place Inc ($405k), Samaritan Ministries of Hot Springs Inc ($405k) and Becker County Food Pantry Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $319k. At year end it held assets of $202k against liabilities of $2,562, net assets of $200k. It reported 47 employees.