Kipp Metro Atlanta Collaborative Inc

Analysis

Kipp Metro Atlanta Collaborative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kipp Metro Atlanta Collaborative Inc reported income of $130.6m and spending of $112.7m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.8m to $130.6m (+96%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp Metro Atlanta Collaborative Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Taylor University ($130.4m), Ashland University ($130.7m) and Pine Crest Preparatory School Inc ($130.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $3.3m (2.9% of expenses). Other salaries and wages came to $47.8m. At year end it held assets of $146.4m against liabilities of $105.3m, net assets of $41.1m. It reported 1,015 employees.