Knova Learning Oregon

Analysis

Knova Learning Oregon is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2011, 15 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, Knova Learning Oregon reported income of $7.6m and spending of $6.5m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $7.6m (+173%), an average of +40% a year. The sharpest change came in the year to June 2023, when income rose by 131%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knova Learning Oregon sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include Upland Country Day School ($7.6m), DC Hebrew Language Charter School ($7.7m) and Highscope Educational Research Foundation ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $495k (7.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $8.0m against liabilities of $6.5m, net assets of $1.4m. It reported 50 employees.