Kings Stewards Inc

Analysis

Kings Stewards Inc is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Kings Stewards Inc reported income of $2.4m and spending of $2.4m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $2.4m (+1.8%), an average of +0.4% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kings Stewards Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Zachewicz Enterprises Inc ($2.4m), Immanuel Affordable II Inc ($2.4m) and Better Housing for Tompkins County Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.2m against liabilities of $45k, net assets of $2.2m. It reported 55 employees.