Kingman Academy of Learning

Analysis

Kingman Academy of Learning is a registered charity in United States, based in Kingman, AZ. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kingman Academy of Learning reported income of $15.1m and spending of $12.9m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.6m to $15.1m (+30%), an average of +6.9% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kingman Academy of Learning sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Africa New Life Ministries International ($15.1m), The Learning Community Charter School Inc ($15.1m) and Und Sports Facilities Inc ($15.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $270k (2.1% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $19.9m against liabilities of $10.9m, net assets of $9.0m. It reported 174 employees.