The King's College

What it reported doing in 2024

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; finance; business management; religious and theological studies; english; philosophy; humanities and journalism, culture and society. We educate young leaders to seamlessly integrate their faith, ethics, and morality into their lives and careers. Students are immersed in challenging academic and spiritual study that demands thinking, communicating, and problem-solving with the mind, heart, and soul. We require engagement with complex ideas to guide the strategic institutions of society - government, commerce, law, media, civil society, education, the arts, and the church. We participate in a demanding curriculum and present unique opportunities to students in the heart of New York city. We are not a college for the faint of heart - we call our students to be good, brave, and ready.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 77.3%; rating input score 77
• Fundraising efficiency: $20.92 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 8 controls in place; rating input score 62
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -49.6%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 7.32; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 1.3; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 1.6%; rating input score 78; 78th percentile among comparable filings

Growth

• Program expense growth: -7.8% per year; rating input score 0; 3rd percentile among comparable filings
• Revenue growth: -4.6% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: 5% per year; rating input score 100; 34th percentile among comparable filings