Stephen & Tabitha King Foundation
Stephen & Tabitha King Foundation consistently distributes significant funds with 0% reported officer compensation.
EIN: 133364647 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.8M |
| Total Expenses | $6.8M |
| Program Spending | 90% |
| Net Assets | $20.1M |
| Transparency Score | 95/100 |
Is Stephen & Tabitha King Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stephen & Tabitha King Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stephen & Tabitha King Foundation
Stephen & Tabitha King Foundation (EIN: 133364647) is a nonprofit organization based in New York, NY. The organization reported total revenue of $13.8M and total assets of $16.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen & Tabitha King Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stephen & Tabitha King Foundation is a large nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-3,009,555 |
| Total Assets | $21.0M |
| Total Liabilities | $965K |
| Net Assets | $20.1M |
| Operating Margin | -80.5% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 37.4 months |
Financial Health Grade: B
In 2023, Stephen & Tabitha King Foundation reported a deficit of $3.0M with expenses exceeding revenue, holds 37.4 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stephen & Tabitha King Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | +30.6% | -8.8% |
| 2022 | -56.7% | +27.2% | -5.6% |
| 2021 | +5.2% | +15.9% | +27.1% |
| 2020 | +17.5% | -1.7% | +36.7% |
| 2019 | +151.7% | +21.2% | +49334.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Stephen & Tabitha King Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Stephen & Tabitha King Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated directly from the foundation's funds, which is highly favorable for resource allocation to its mission.
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.
Strengths
The following positive indicators were identified for Stephen & Tabitha King Foundation:
- 0% reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistent history of IRS 990 filings, demonstrating transparency.
- Substantial and well-managed assets, providing a strong financial base for grant-making.
- Low liabilities relative to assets, indicating strong financial health.
- Consistent distribution of funds, often exceeding annual revenue, suggesting active philanthropic engagement.
Frequently Asked Questions about Stephen & Tabitha King Foundation
Is Stephen & Tabitha King Foundation a legitimate charity?
Stephen & Tabitha King Foundation (EIN: 133364647) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.8M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Stephen & Tabitha King Foundation spend its money?
Stephen & Tabitha King Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Stephen & Tabitha King Foundation tax-deductible?
Stephen & Tabitha King Foundation is registered as a tax-exempt nonprofit (EIN: 133364647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stephen & Tabitha King Foundation located?
Stephen & Tabitha King Foundation is headquartered in New York, New York and files with the IRS under EIN 133364647.
How many years of IRS 990 filings does Stephen & Tabitha King Foundation have?
Stephen & Tabitha King Foundation has 10 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 $13.8M in total revenue.
Is the Stephen & Tabitha King Foundation financially stable?
Yes, the foundation appears financially stable, consistently holding significant assets (e.g., $21,035,932 in 2023) and maintaining relatively low liabilities compared to its asset base.
How much of the foundation's money goes to executive salaries?
Based on the provided IRS 990 data, officer compensation is reported as 0% across all filings, meaning no funds are allocated to executive salaries from the foundation's reported expenses.
Does the foundation spend more than it earns?
In some years, yes. For example, in 2023, expenses ($6,750,083) exceeded revenue ($3,740,528). This is common for foundations that draw from their endowments to fund grants and operations.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated but generally remained robust, growing from $14,068,610 in 2019 to $21,035,932 in 2023, after a peak of $24,446,214 in 2021.
Filing History
IRS 990 filing history for Stephen & Tabitha King Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stephen & Tabitha King Foundation's revenue has grown by 11.1%, moving from $3.4M to $3.7M. Total assets increased by 2641.5% over the same period, from $767K to $21.0M. Total functional expenses rose by 105.3%, from $3.3M to $6.8M. In its most recent filing year (2023), Stephen & Tabitha King Foundation reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $965K in liabilities against $21.0M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $20.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $6.8M | $21.0M | $965K | — | — |
| 2022 | $3.9M | $5.2M | $23.1M | $22K | — | View 990 |
| 2021 | $9.1M | $4.1M | $24.4M | $155K | — | View 990 |
| 2020 | $8.7M | $3.5M | $19.2M | $1 | — | View 990 |
| 2019 | $7.4M | $3.6M | $14.1M | $0 | — | View 990 |
| 2015 | $2.9M | $2.9M | $28K | $1 | — | View 990 |
| 2014 | $3.1M | $3.1M | $21K | $1 | — | View 990 |
| 2013 | $2.8M | $2.9M | $102K | $1 | — | View 990 |
| 2012 | $2.2M | $2.9M | $151K | $1 | — | View 990 |
| 2011 | $3.4M | $3.3M | $767K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $6.8M, and assets of $21.0M (revenue -5.2% year-over-year).
- 2022: Revenue of $3.9M, expenses of $5.2M, and assets of $23.1M (revenue -56.7% year-over-year).
- 2021: Revenue of $9.1M, expenses of $4.1M, and assets of $24.4M (revenue +5.2% year-over-year).
- 2020: Revenue of $8.7M, expenses of $3.5M, and assets of $19.2M (revenue +17.5% year-over-year).
- 2019: Revenue of $7.4M, expenses of $3.6M, and assets of $14.1M (revenue +151.7% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $28K (revenue -4.5% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.1M, and assets of $21K (revenue +8.8% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.9M, and assets of $102K (revenue +25.5% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.9M, and assets of $151K (revenue -33.3% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.3M, and assets of $767K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stephen & Tabitha King Foundation:
Data Sources and Methodology
This transparency report for Stephen & Tabitha King Foundation 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.