Healthworks Kha Foundation Inc

Analysis

Healthworks Kha Foundation Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Healthworks Kha Foundation Inc reported income of $12.5m and spending of $11.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $12.5m (+270%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 99%. 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, Healthworks Kha Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Opportunity Charter School ($12.5m), Village School of Naples Inc ($12.6m) and Family Enrichment Network Inc ($12.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.0% of the total. At year end it held assets of $8.5m against liabilities of $3.0m, net assets of $5.5m.