Karachi American Society School

Analysis

Karachi American Society School is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1979, 47 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, Karachi American Society School reported income of $7.1m and spending of $7.9m, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $7.8m to $7.1m (-8.8%), an average of -3.0% a year. 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, Karachi American Society School sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Hoosier Academy Inc ($7.1m), Valley Settlement ($7.1m) and Beacon Education Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 75% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $27.5m against liabilities of $3.6m, net assets of $23.9m.