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New York · Nonprofit

The King's College

The King's College (New York) receives grants from 70 organizations whose IRS filings report $21,896,911 to it, the largest being THE RICHARD AND HELEN DEVOS FOUNDATION ($11,500,000). 41 of them have funded it in more than one year.

Revenue FY2024
$-469991
Funders on record
70
Grants received
$22M
Net assets
$-5810408
41/70 repeat funderspeak grant-dependency 25%
01What it does

What The King's College does

Mission

Christian college preparing students for principled leadership around the world.

As stated on its FY2024 Form 990.

Program

  1. Education of students - the college had no degree seeking students for fall 2024 or spring 2025. In july 2025, the board of trustees announced the college would remain closed permanently and was beginning the process of dissolution.through its commitment to the truths of christianity and a biblical worldview, The King's College seeks to transform society by preparing students for careers in which they help to shape and eventually to lead strategic public and private institutions, and by supporting faculty members as they directly engage culture through writing and speaking publicly on critical issues.(continued on schedule o)at The King's College, we seek to understand society, to strengthen and apply our intellect, and to develop christian character, so that we may challenge, change, and improve our culture. For four years, our students are shaped by a relevant and sophisticated biblical worldview. Students become persuasive, influential graduates who communicate with clarity and force and who succeed in challenging professions. This is accomplished through our core curriculum and major courses leading to degrees in politics, philosophy and economics; media, culture and the arts;…

    $2,406,345 spent$197,743 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,406,345.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($33M) Expenses 100 ($31M) Net assets 100 ($9.1M)2018 Revenue 187 ($62M) Expenses 108 ($34M) Net assets 409 ($37M)2019 Revenue 81 ($27M) Expenses 106 ($33M) Net assets 337 ($31M)2020 Revenue 84 ($28M) Expenses 101 ($32M) Net assets 294 ($27M)2021 Revenue 77 ($25M) Expenses 91 ($29M) Net assets 257 ($23M)2022 Revenue 58 ($19M) Expenses 84 ($26M) Net assets 126 ($11M)2023 Revenue 41 ($14M) Expenses 78 ($25M) Net assets 17 ($1.6M)2024 Revenue -1 ($-469991) Expenses 22 ($6.9M) Net assets -64 ($-5810408)
'17'18'19'20'21'22'23'24
Revenue (-1)Expenses (22)Net assets (-64)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $18M to $46M (+153%).

$18M
$46M
$39M
$34M
$29M
$24M
$43M
$23M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 8% · 2021 14% · 2022 1% · 2023 8%. Grants only. Government contracts and fees sit inside program revenue.

-57% of The King's College’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

$1.7M
’17
$28M
’18
−$6.5M
’19
−$3.9M
’20
−$3.3M
’21
−$7.1M
’22
−$11M
’23
−$7.4M
’24
0.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Henry Morriello

Chairman

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed23242020222519
Joined·+4+1+1+7+6·
No longer listed·35153·
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 24 funders to 18 funders, grant income fell $2.0M → $595k.

17 of 70 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of The King's College’s funders (the co-funder graph). Top 30 of 70 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

The King's College leans on a few funders — its largest provides 53% of grant income and the top three 73%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

53%
largest funder
73%
top three
~3
effective funders

Largest funder’s share by year: 2017 19% · 2018 29% · 2019 29% · 2020 79% · 2021 79% · 2022 46% · 2023 38% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of The King's College's funders are still giving 3 years after their first grant; 59% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

The King's College draws 82% of its grant income from funders outside New York, across 22 states in all.

MN
IL
WI
MI
NY
NV
WY
PA
NJ
CA
CO
MO
VA
DE
AR
TN
NC
SC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $3.8M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

The King's College's revenue fell 101% between 2017 and 2024.

Operating margin1567% · outside the comparable range
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)−14% · below the median

this organization peer median middle 50% of peers· 21,859 education nonprofits under $100k, FY2024

Government funding The King's College receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.3M on record.

Federal$2.3M
grants $2.3Mcontracts $0
20
21
Top agencies
  • Department of Education$2.3M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like The King's College

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 19%Fundraising 2%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

72%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 5 states

MI
MA
PA
MD
SC

Part of a family of 3 related entities

  • 102 Spe LLC · disregarded
  • Northeastern Bible College · exempt
  • New York Foundation for Leadership · exempt

Screen this organization

A dated, signed PDF of the compliance screen for The King's College: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds The King's College?
The King's College (New York) receives grants from 70 organizations whose IRS filings report $21,896,911 to it, the largest being THE RICHARD AND HELEN DEVOS FOUNDATION ($11,500,000). 41 of them have funded it in more than one year.
How many funders does The King's College have?
IRS filings report 70 organizations giving $21,896,911 in grants to The King's College, 41 of which have funded it in more than one year.
Who is the largest funder of The King's College?
THE RICHARD AND HELEN DEVOS FOUNDATION is the largest funder on record, with $11,500,000 in grants. The full list of funders is on this page.
How can an organization like The King's College find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds King's College →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 70 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing