King Center Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,424,117 | 2,057,453 | 366,664 | 7.0 | 52% |
| 2012 | 3,109,450 | 2,625,690 | 483,760 | 7.7 | 52% |
| 2013 | 4,727,393 | 4,532,257 | 195,136 | 5.0 | 37% |
| 2014 | 6,074,825 | 5,393,332 | 681,493 | 5.7 | 38% |
| 2015 | 4,280,234 | 4,498,608 | −218,374 | 6.3 | 56% |
| 2016 | 5,425,398 | 4,310,679 | 1,114,719 | 9.6 | 61% |
| 2017 | 6,173,262 | 4,801,567 | 1,371,695 | 12.1 | 66% |
| 2018 | 6,359,482 | 5,287,416 | 1,072,066 | 13.4 | 68% |
| 2019 | 6,266,871 | 5,787,324 | 479,547 | 13.2 | 68% |
| 2020 | 6,201,790 | 6,146,250 | 55,540 | 12.6 | 67% |
| 2021 | 7,284,632 | 6,114,799 | 1,169,833 | 14.9 | 66% |
| 2022 | 7,640,622 | 7,242,618 | 398,004 | 13.3 | 61% |
| 2023 | 6,503,461 | 6,948,153 | −444,692 | 13.1 | 64% |
| 2024 | 6,034,747 | 6,899,996 | −865,249 | 11.8 | 64% |
In its most recent public year (2024), this organization spent $865,249 more than it brought in. Its reserves stood at about 11.8 months of spending, up from 7 in 2011. Staff pay was 64% of spending. $39,834 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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