Kingdom Air Corps Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,775 | 238,558 | 40,217 | 7.3 | 0% |
| 2012 | 290,280 | 258,787 | 31,493 | 7.0 | 0% |
| 2013 | 277,944 | 254,598 | 23,346 | 9.7 | 0% |
| 2014 | 246,935 | 196,098 | 50,837 | 16.6 | 0% |
| 2015 | 359,927 | 290,062 | 69,865 | 7.8 | 4% |
| 2016 | 426,553 | 438,195 | −11,642 | 4.1 | 0% |
| 2017 | 579,778 | 483,470 | 96,308 | 5.3 | 9% |
| 2018 | 919,928 | 693,396 | 226,532 | 7.6 | 23% |
| 2019 | 1,903,342 | 773,678 | 1,129,664 | 24.6 | 41% |
| 2020 | 943,235 | 719,863 | 223,372 | 29.7 | 50% |
| 2021 | 1,590,178 | 1,300,400 | 289,778 | 19.4 | 37% |
| 2022 | 1,755,394 | 1,517,122 | 238,272 | 18.5 | 47% |
| 2023 | 1,430,379 | 1,919,741 | −489,362 | 14.3 | 39% |
In its most recent public year (2023), this organization spent $489,362 more than it brought in. Its reserves stood at about 14.3 months of spending, up from 7.3 in 2011. Staff pay was 39% of spending. $367,391 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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