King School Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,422,707 | 34,155,321 | 3,267,386 | 24.1 | 44% |
| 2021 | 37,308,932 | 36,739,521 | 569,411 | 24.9 | 44% |
| 2022 | 41,177,332 | 38,035,287 | 3,142,045 | 22.4 | 43% |
| 2023 | 41,988,091 | 41,089,596 | 898,495 | 21.8 | 42% |
In its most recent public year (2023), this organization brought in $898,495 more than it spent. Its reserves stood at about 21.8 months of spending, down from 24.1 in 2020. Staff pay was 42% of spending. $8,101,188 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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