T Klokhuis Inc

Analysis

T Klokhuis Inc is a registered charity in United States, based in Gillette, NJ. It received its IRS tax-exemption ruling in April 2004, 22 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, T Klokhuis Inc reported income of $834k and spending of $876k, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $870k to $834k (-4.1%), an average of -1.0% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T Klokhuis Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Outreach Christian Education Ministries ($834k), The Southwest Alaska Vocational and Educational Center ($834k) and Satori Elementary School ($834k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $101k (12% of expenses). Other salaries and wages came to $498k. At year end it held assets of $677k against liabilities of $11k, net assets of $666k.