Koson Schools

Analysis

Koson Schools is a registered charity in United States, based in Highlands Ranch, CO. It received its IRS tax-exemption ruling in May 2021, 5 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, Koson Schools reported income of $17.8m and spending of $17.0m, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $17.9m to $17.8m (-0.2%), an average of -0.1% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Koson Schools sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Cankdeska Cikana Community College ($17.8m), Twin Cities International Schools ($17.8m) and Providence Classical Academy Inc ($17.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $319k (1.9% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $18.1m against liabilities of $1.2m, net assets of $16.8m. It reported 228 employees.