Kipp New York Inc

Analysis

Kipp New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2025. 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 New York Inc reported income of $64.8m and spending of $38.7m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $24.4m to $64.8m (+165%), an average of +28% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp New York Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Buckingham Browne and Nichols School ($64.8m), Csu Fullerton Auxiliary Services Corporation ($64.9m) and The Waynesburg University ($64.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $4.5m (12% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $399.1m against liabilities of $334.4m, net assets of $64.7m. It reported 331 employees.