Kings United Way

Analysis

Kings United Way is a registered charity in United States, based in Hanford, CA. It received its IRS tax-exemption ruling in March 1967, 59 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 United Way reported income of $863k and spending of $807k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $565k to $863k (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Kings United Way sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Hopkins County Health Care Foundation ($863k), United Way of Southeast Missouri ($864k) and Cabrini Mission Foundation ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $106k (13% of expenses). Other salaries and wages came to $292k. At year end it held assets of $787k against liabilities of $251k, net assets of $537k. It reported 10 employees.