Kindezi School Inc

Analysis

Kindezi School Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kindezi School Inc reported income of $28.0m and spending of $27.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.4m to $28.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kindezi School 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 GA. Charities of a similar size with the same main cause include New Roads School ($28.0m), Bear Creek School ($28.1m) and Chattanooga Christian School Inc ($28.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $180k (0.7% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $26.6m against liabilities of $33.0m, net assets of -$6.3m. It reported 359 employees.