King-Thomas Scholarship Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,465 | 26,550 | 111,915 | 512.9 | 0% |
| 2012 | 85,665 | 44,500 | 41,165 | 317.1 | 0% |
| 2013 | 120,964 | 28,750 | 92,214 | 529.4 | 0% |
| 2014 | 237,028 | 58,324 | 178,704 | 297.7 | 0% |
| 2015 | 71,521 | 55,000 | 16,521 | 334.3 | 0% |
| 2016 | 73,781 | 55,000 | 18,781 | 365.4 | 0% |
| 2017 | 75,838 | 66,675 | 9,163 | 318.9 | 0% |
| 2018 | 82,152 | 69,675 | 12,477 | 254.9 | 0% |
| 2019 | 88,582 | 76,200 | 12,382 | 251.0 | 0% |
| 2020 | 88,684 | 66,725 | 21,959 | 267.7 | 0% |
| 2021 | 93,519 | 47,000 | 46,519 | 428.3 | 0% |
| 2022 | 92,521 | 67,765 | 24,756 | 276.7 | 0% |
| 2023 | 107,978 | 82,000 | 25,978 | 212.9 | 0% |
In its most recent public year (2023), this organization brought in $25,978 more than it spent. Its reserves stood at about 212.9 months of spending, down from 512.9 in 2011. Staff pay was 0% of spending. $1,454,599 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 2023. 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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