Kings Schools of the Desert

Analysis

Kings Schools of the Desert is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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 2024, Kings Schools of the Desert reported income of $4.4m and spending of $3.6m, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $4.4m (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kings Schools of the Desert sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Genetics Society of America Incorporated ($4.4m), Reston Childrens Center Inc ($4.4m) and Milwaukee Kickers Soccer Club Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $127k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.8m against liabilities of $5,660, net assets of $3.8m. It reported 49 employees.