Kipp Columbus

Analysis

Kipp Columbus is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 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 Columbus reported income of $26.9m and spending of $27.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.8m to $26.9m (+81%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 61%. 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 Columbus 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 OH. Charities of a similar size with the same main cause include Bushnell University ($26.9m), All for Health Health for All Inc ($26.9m) and Memphis University School ($26.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $639k (2.3% of expenses). Other salaries and wages came to $12.3m. At year end it held assets of $16.0m against liabilities of $0, net assets of $16.0m. It reported 276 employees.