Kensap Inc

Analysis

Kensap Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kensap Inc reported income of $266k and spending of $342k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $270k to $266k (-1.5%), an average of -0.8% a year. 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, Kensap Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Fusion Homeschooling Inc ($266k), World Business Academy ($266k) and Georgetown Isd Education Foundation ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (32% of expenses). At year end it held assets of $159k against liabilities of $0, net assets of $159k. It reported 2 employees.