Kipp Bay Area Schools

Analysis

Kipp Bay Area Schools is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 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 Bay Area Schools reported income of $132.1m and spending of $134.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $92.9m to $132.1m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp Bay Area Schools sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include St Josephs University ($132.0m), College of the Ozarks ($132.5m) and University of Arkansas Foundation Inc ($131.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $967k (0.7% of expenses). Other salaries and wages came to $72.8m. At year end it held assets of $314.7m against liabilities of $139.8m, net assets of $175.0m. It reported 1,185 employees.