Kipp Tulsa Academy College Preparatory Inc

Analysis

Kipp Tulsa Academy College Preparatory Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kipp Tulsa Academy College Preparatory Inc reported income of $7.2m and spending of $6.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $7.2m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp Tulsa Academy College Preparatory Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include Crosstown High School Inc ($7.2m), Buffalo State College Foundation Inc ($7.2m) and Santa Barbara Middle School ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $2.1m against liabilities of $392k, net assets of $1.8m. It reported 48 employees.