King for America Inc Non Profit Fai TH Based & Community Agencies

Analysis

King for America Inc Non Profit Fai TH Based & Community Agencies is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, King for America Inc Non Profit Fai TH Based & Community Agencies reported income of $80k and spending of $112k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $223k to $80k (-64%), an average of -64% a year. The sharpest change came in the year to December 2023, when income dropped by 64%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, King for America Inc Non Profit Fai TH Based & Community Agencies 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 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include East Baltimore Historical Library ($80k), Junior League of Norman Inc ($80k) and Eight Mile Boulevard Association Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 64% of the total. At year end it held assets of $42k against liabilities of $177k, net assets of -$135k.