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Tree of Knowledge Learning Academy Inc

RegisteredEIN 11-3817437Miami, FLEducation and training
Income$30.1m2024-06
Spending$24.9msame year
Spent / received89%6-year average
Size in its cause97th pctEducation and training
Exempt since2009Publicly supported organisat
Employees809latest return

Analysis

Tree of Knowledge Learning Academy Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in November 2009, 17 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 2024, Tree of Knowledge Learning Academy Inc reported income of $30.1m and spending of $24.9m, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.7m to $30.1m (+547%), an average of +45% a year. The sharpest change came in the year to June 2021, when income rose by 94%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tree of Knowledge Learning Academy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include The Frederick Gunn School Incorporated ($30.1m), Institute of American Indian & Alaska Native Culture & Arts ($30.1m) and Association of Former Students of Texas a & M University ($30.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13.9m. At year end it held assets of $16.4m against liabilities of $5.7m, net assets of $10.7m. It reported 809 employees.

Income and spending

$0$7.5m$15.1m$22.6m$30.1m2019 Income: $4,655,9322019 Spending: $4,023,25820192020 Income: $5,774,5362020 Spending: $5,315,58220202021 Income: $11,227,3112021 Spending: $10,428,10420212022 Income: $14,538,0922022 Spending: $12,805,24320222023 Income: $24,878,2092023 Spending: $23,748,51620232024 Income: $30,121,9312024 Spending: $24,910,3552024
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
The Frederick Gunn School IncorporatedWashington$30.1m
Institute of American Indian & Alaska Native Culture & ArtsSanta Fe$30.1m
Association of Former Students of Texas a & M UniversityCollege Sta$30.1m
Larchmont SchoolsLos Angeles$30.2m