The Kings University

Analysis

The Kings University is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in May 1998, 28 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, The Kings University reported income of $11.8m and spending of $11.3m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $12.5m to $11.8m (-5.7%), an average of -2.0% a year. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Kings University sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Higher Education Servicing Corp in ($11.8m), Hope Horizon Mental Health ($11.8m) and NJ Edge Net Inc ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $590k (5.2% of expenses). Other salaries and wages came to $4.3m. It paid $72k in professional fundraising fees. At year end it held assets of $15.8m against liabilities of $1.5m, net assets of $14.3m. It reported 179 employees.