Charles K King No 3 Trust is a 501(c)(3) organization based in Brooklyn, Ohio, registered in 1973, with $21,859,657 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$21.9M
▲ 165.2% vs prior year
Expenses (FY2024)
$3.3M
Net assets
$82.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Charles K King No 3 Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charles K King No 3 Trust: 303 mo reserves · +85% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Charles K King No 3 Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charles K King No 3 Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $3.4M (FY2013) to $21.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
85.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$82.6M
Total liabilities
$55K
Net assets
$82.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,859,657▲165% | $3,267,516▲2.0% | $82,538,506▲32.6% | $82,593,833▲32.5% | 990PF |
| 2023 | $8,242,135▲78.1% | $3,204,519▲10.7% | $62,251,754▼0.8% | $62,346,104▼0.9% | 990PF |
| 2022 | $4,627,708▼1.4% | $2,894,141▲32.9% | $62,767,325▲2.6% | $62,887,440▲2.6% | 990PF |
| 2021 | $4,691,084▲103% | $2,178,133▲26.5% | $61,186,971▲3.5% | $61,301,505▲3.5% | 990PF |
| 2020 | $2,308,197▼42.9% | $1,721,167▼7.2% | $59,098,921▲0.3% | $59,242,813▼0.2% | 990PF |
| 2019 | $4,042,092▼35.6% | $1,854,752▼13.5% | $58,895,352▲4.4% | $59,336,379▲3.2% | 990PF |
| 2018 | $6,273,081▲40.3% | $2,144,099▲15.1% | $56,425,384▲8.3% | $57,520,236▲6.2% | 990PF |
| 2017 | $4,470,287▼28.1% | $1,862,602▲37.4% | $52,083,031▲5.5% | $54,140,005▲9.6% | 990PF |
| 2016 | $6,217,798▲169% | $1,355,352▼1.4% | $49,362,039▲11.3% | $49,380,435▲11.2% | 990PF |
| 2015 | $2,308,700▼5.1% | $1,374,187▲9.7% | $44,366,298▲3.9% | $44,403,349▲3.9% | 990PF |
| 2014 | $2,433,506▼29.4% | $1,253,018▲16.1% | $42,713,258▲5.1% | $42,737,060▲5.0% | 990PF |
| 2013 | $3,448,479 | $1,078,871▲2.1% | $40,657,937▲7.4% | $40,683,667▲7.4% | 990PF |
| 2012 | — | $1,056,394▲7.2% | $37,866,723▲2.1% | $37,883,960▲2.1% | 990PF |
| 2011 | — | $985,741▼7.0% | $37,090,882▲2.1% | $37,102,285▲2.1% | 990PF |
| 2010 | — | $1,059,803 | $36,338,291 | $36,354,101 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Charles K King No 3 Trust totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mightycause Charitable Foundation | Unrestricted | 2021 | $5,897 |
| Mightycause Charitable Foundation | Unrestricted | 2020 | $5,512 |
Explore more
Data for Charles K King No 3 Trust (EIN 34-6506846) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.