Kingston College Old Boys Assoc USA Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To promote the interest of Kingston College (KC) by maintaining an alumni body to provide essential funding for educational programs, infrastructure development and other need-based programs/initiatives
- Income
- $228,879
- Spending
- $206,116
- Spent on programs
- 86%
- Reserves
- 5.2 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 0
- Volunteers
- 30
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100.
Reserves
20 of 35Spendable reserves would cover 5.2 months of spending.
Debt
20 of 20It owes 14% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 9% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100.
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (17)
- $68,115 spent. Our flagship scholarship program aims to provide greater access to quality secondary and tertiary education for deserving students. Our selection process is strategic and awards are based not solely merit but also includes critical need based component. As of the reporting period, there are over one hundred and sixty (160) students receiving scholarships awards
- $45,910 spent. KCOBA USA provides essential resources to support various sports programs making a meaningful impact on the growth of well rounded student-athletes both in their athletic pursuits and academic endeavors
- $21,652 spent. KCOBA USA offers continuous financial support to address need-based requests from underfunded school programs that benefit different segments of the schools community.
- $16,804 spent. Program support of critical projects and Initiatives identified by the school's adminstration
- $8,835 spent. Periodic Support of the assoication Library and Technology Capital Campaign project.
- $7,292 spent. Annual support of the Kigston College Developement Trust fund providing long and short term infrastructure development and operational support
- $7,844 spent. Other Program support,the School Centenary Fund($5,573) The assoication Fortis Care program ($1,571) and Helping hand fund ($700)
- Expenses: $16804.00 including grants of: $16724.00 Revenue: $0.00
- Program support of critical projects and Initiatives identified by the
- Expenses: $8835.00 including grants of: $8783.00 Revenue: $0.00
- Periodic Support of the assoication Library and Technology Capital Campaign
- Expenses: $7292.00 including grants of: $7200.00 Revenue: $0.00
- Annual support of the Kigston College Developement Trust fund providing
- long and short term infrastructure development and operational support
- Expenses: $7844.00 including grants of: $6950.00 Revenue: $0.00
- Other Program support,the School Centenary Fund($5,573)
- The assoication Fortis Care program ($1,571) and Helping hand fund ($700)
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.