Kingston Trust Fund
Kingston Trust Fund shows consistent revenue and asset growth with no reported officer compensation.
EIN: 166456453 · Kingston, NY · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37.4M |
| Total Expenses | $35.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $34.1M |
| Transparency Score | 85/100 |
Is Kingston Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingston Trust Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingston Trust Fund
Kingston Trust Fund (EIN: 166456453) is a nonprofit organization based in Kingston, NY, classified under NTEE code Y43. The organization reported total revenue of $37.4M and total assets of $43.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingston Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingston Trust Fund is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34.9M |
| Total Expenses | $35.0M |
| Surplus / Deficit | $-110,987 |
| Total Assets | $39.3M |
| Total Liabilities | $5.2M |
| Net Assets | $34.1M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 13.3% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, Kingston Trust Fund reported a deficit of $111K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 13.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kingston Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +27.7% | +3.4% |
| 2022 | +4.1% | -1.2% | +7.9% |
| 2021 | +0.1% | +12.8% | +16.6% |
| 2020 | +2.1% | -17.2% | +22.7% |
| 2019 | +9.2% | +23.1% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kingston Trust Fund with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kingston Trust Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.3%.
Executive Compensation Analysis
Kingston Trust Fund consistently reports 0% officer compensation across all available IRS 990 filings, indicating either a volunteer-led executive team or compensation structured in a way not reported under this specific line item, which is highly unusual for an organization of its size with over $30 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kingston Trust Fund's IRS 990 filings:
- 0% officer compensation reported for an organization of this size, which may indicate compensation is reported under other categories or a fully volunteer executive team, warranting further scrutiny.
Strengths
The following positive indicators were identified for Kingston Trust Fund:
- Consistent and significant revenue growth over the past decade, from $22.2M in 2014 to $34.8M in 2023.
- Substantial growth in assets, increasing from $15.6M in 2014 to $39.2M in 2023, indicating strong financial reserves.
- Generally positive net income, with revenue exceeding expenses in most reporting periods, contributing to asset accumulation.
Frequently Asked Questions about Kingston Trust Fund
Is Kingston Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingston Trust Fund (EIN: 166456453) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Kingston Trust Fund spend its money?
Kingston Trust Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kingston Trust Fund tax-deductible?
Kingston Trust Fund is registered as a tax-exempt nonprofit (EIN: 166456453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kingston Trust Fund CEO make?
Kingston Trust Fund's highest-compensated officer earns $30 annually. The organization reported $37.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kingston Trust Fund's spending goes to programs?
Kingston Trust Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kingston Trust Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kingston Trust Fund is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kingston Trust Fund located?
Kingston Trust Fund is headquartered in Kingston, New York and files with the IRS under EIN 166456453. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Kingston Trust Fund have?
Kingston Trust Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $37.4M in total revenue.
Is Kingston Trust Fund a good charity?
Based on its consistent revenue and asset growth, and the reported 0% officer compensation, Kingston Trust Fund appears to be a financially stable organization with a strong commitment to its mission. However, further investigation into how executive leadership is compensated, given the 0% officer compensation reported, would provide a more complete picture.
How has Kingston Trust Fund's financial health changed over time?
Kingston Trust Fund has demonstrated strong financial growth, with revenue increasing from $22,234,413 in 2014 to $34,877,168 in 2023, and assets growing from $15,640,175 to $39,261,868 over the same period, indicating robust financial health.
What is the trend in Kingston Trust Fund's expenses versus revenue?
For most periods, Kingston Trust Fund's revenue has exceeded its expenses, leading to positive net income and asset growth. However, in the 2023 period, expenses ($34,988,155) slightly surpassed revenue ($34,877,168), resulting in a minor deficit for that year.
Filing History
IRS 990 filing history for Kingston Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kingston Trust Fund's revenue has grown by 61.4%, moving from $21.6M to $34.9M. Total assets increased by 115.9% over the same period, from $18.2M to $39.3M. Total functional expenses rose by 61.2%, from $21.7M to $35.0M. In its most recent filing year (2023), Kingston Trust Fund reported a deficit of $111K, with expenses exceeding revenue. The organization holds $5.2M in liabilities against $39.3M in assets (debt-to-asset ratio: 13.3%), resulting in net assets of $34.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34.9M | $35.0M | $39.3M | $5.2M | — | View 990 |
| 2022 | $32.7M | $27.4M | $38.0M | $3.8M | — | View 990 |
| 2021 | $31.4M | $27.7M | $35.2M | $6.4M | — | — |
| 2020 | $31.4M | $24.6M | $30.2M | $5.0M | — | — |
| 2019 | $30.7M | $29.7M | $24.6M | $5.0M | — | View 990 |
| 2018 | $28.2M | $24.1M | $22.0M | $3.1M | — | View 990 |
| 2017 | $25.6M | $23.5M | $18.5M | $3.6M | — | View 990 |
| 2016 | $24.2M | $24.8M | $17.0M | $4.3M | — | View 990 |
| 2015 | $23.7M | $23.0M | $16.6M | $2.9M | — | View 990 |
| 2014 | $22.2M | $21.8M | $15.6M | $2.4M | — | View 990 |
| 2013 | $15.7M | $17.5M | $15.6M | $2.8M | — | View 990 |
| 2012 | $21.7M | $23.0M | $16.9M | $2.3M | — | View 990 |
| 2011 | $21.6M | $21.7M | $18.2M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34.9M, expenses of $35.0M, and assets of $39.3M (revenue +6.6% year-over-year).
- 2022: Revenue of $32.7M, expenses of $27.4M, and assets of $38.0M (revenue +4.1% year-over-year).
- 2021: Revenue of $31.4M, expenses of $27.7M, and assets of $35.2M (revenue +0.1% year-over-year).
- 2020: Revenue of $31.4M, expenses of $24.6M, and assets of $30.2M (revenue +2.1% year-over-year).
- 2019: Revenue of $30.7M, expenses of $29.7M, and assets of $24.6M (revenue +9.2% year-over-year).
- 2018: Revenue of $28.2M, expenses of $24.1M, and assets of $22.0M (revenue +9.8% year-over-year).
- 2017: Revenue of $25.6M, expenses of $23.5M, and assets of $18.5M (revenue +5.9% year-over-year).
- 2016: Revenue of $24.2M, expenses of $24.8M, and assets of $17.0M (revenue +2.3% year-over-year).
- 2015: Revenue of $23.7M, expenses of $23.0M, and assets of $16.6M (revenue +6.4% year-over-year).
- 2014: Revenue of $22.2M, expenses of $21.8M, and assets of $15.6M (revenue +41.9% year-over-year).
- 2013: Revenue of $15.7M, expenses of $17.5M, and assets of $15.6M (revenue -27.8% year-over-year).
- 2012: Revenue of $21.7M, expenses of $23.0M, and assets of $16.9M (revenue +0.4% year-over-year).
- 2011: Revenue of $21.6M, expenses of $21.7M, and assets of $18.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingston Trust Fund:
Data Sources and Methodology
This transparency report for Kingston Trust Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.