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King's College

Wilkesbarre, PA · EIN 24-0804602 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

King's College reported $95.7 million in revenue and $101.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.79 went to program services, $8.49 to management and general costs and $1.72 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.9% of the total. The highest compensation it reported for one person was $266,888 (PROVOST/VP ACADEMIC AFFAIR). 36 people received more than $100,000 in reportable compensation. Revenue fell 11% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $102M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $96M

Investment income was negative: −$3.4M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.5%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.7%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.13$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
14.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
3.6%1.1%
Program service revenue share
Part VIII 2g ÷ 12
88.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$266,888$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.26%1.28%
People paid over $100,000
Part VII, line 2
368
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
24.113.3
Independent voting board members
Part VI 1a–1b
39 of 39100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$91M expenses · 100.0% of program spending · grants $38M · revenue $85M

King's college is a not-for-profit educational institution which provides undergraduate, graduate, and professional education to its students. The college was founded in 1946 and welcomes students into its community without regard to gender, race, religion, disability, or national origin and seeks to assist talented students of modest financial means.the college has approximately 1,940 students, of which 1,470 are full-time undergraduates. Approximately 92% of the college's present full-time undergraduate student body is comprised of residents from pennsylvania, new york, and new…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PROVOST/VP ACADEMIC AFFAIR
Key employee, 40.00 hrs/week
$219,816$0$47,072$266,888
VP ENROLLMENT MGMT AND MARKETING
Key employee, 40.00 hrs/week
$238,714$0$11,710$250,424
VP BUSINESS AFFAIRS/CFO/TREASURER
Officer, 40.00 hrs/week
$209,641$0$27,893$237,534
VP STUDENT AFFAIRS
Key employee, 40.00 hrs/week
$170,565$0$45,512$216,077
AVP FINANCE
Highest compensated employee, 40.00 hrs/week
$140,198$0$41,480$181,678
VP INSTITUTIONAL ADVANCEMENT
Key employee, 40.00 hrs/week
$171,329$0$2,693$174,022
AVP IITS/CIO
Highest compensated employee, 40.00 hrs/week
$136,815$0$30,354$167,169
DEAN, BUSINESS SCHOOL
Highest compensated employee, 40.00 hrs/week
$144,359$0$7,213$151,572

36 people received more than $100,000 in reportable compensation from King's College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$96M$102M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$96M$102M89.8%$205M$266,888
FY2024 ⓘ$93M$98M90.3%$196M$222,976
FY2023 ⓘ$96M$96M90.2%$190M$247,358
FY2022 ⓘ$94M$103M87.9%$198M$266,173
FY2021 ⓘ$118M$104M86.4%$198M$234,322
FY2020 ⓘ$108M$103M85.9%$154M$260,640

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b39 · 39 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51,053
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
COMPASS GROUP USA INC
Dining services
$5,649,935
DEANGELO CONSTRUCTION INC
Contractor
$1,842,292
JENSPARK INC
Marketing services
$674,468
URBAN ELECTRICAL CONTRACTORS INC
Contractor
$458,051

Individuals listed as contractors are left out. 23 contractors were paid more than $100,000 in all.

Private foundation grants it received

31 private foundations reported grants to King's College totaling $662K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from King's College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for King's College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Pennsylvania

Questions people ask

How much of King's College's spending goes to programs?

In the fiscal year ending June 30, 2025, King's College reported that 89.8% of its $101.8 million in expenses went to program services, 8.5% to management and general and 1.7% to fundraising (Form 990, Part IX).

How much does King's College pay its top executive?

The largest total compensation King's College reported for one person in the fiscal year ending June 30, 2025 was $266,888, for the role of PROVOST/VP ACADEMIC AFFAIR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does King's College get its money?

Of $95.7 million in revenue in the fiscal year ending June 30, 2025, 14.5% came from contributions and grants (including 3.6% from government grants) and 88.9% from program service revenue (Form 990, Part VIII).

Is King's College a registered charity?

The IRS lists EIN 24-0804602 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349303454 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349301411 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441249349300714 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321309349300947 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349305254 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121259349300407 · read the filing

All filings for EIN 24-0804602: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.