Kipp Kansas City

Analysis

Kipp Kansas City is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in May 2008, 18 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 Kansas City reported income of $15.2m and spending of $14.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $15.2m (+91%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp Kansas City sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Latinos Salud Inc ($15.2m), Santa Fe Preparatory School ($15.2m) and Legacy Traditional School- Avondale Inc ($15.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $181k (1.3% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $2.3m against liabilities of $5,279, net assets of $2.3m. It reported 168 employees.