New Knowledge Adventures Inc

Analysis

New Knowledge Adventures Inc is a registered charity in United States, based in Pocatello, ID. 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 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 June 2023, New Knowledge Adventures Inc reported income of $93k and spending of $100k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $52k to $93k (+78%), an average of +78% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Knowledge Adventures Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within ID. Charities of a similar size with the same main cause include Community Boating Program ($93k), Roosevelt Supporter Club ($93k) and Alternative Center for Education Inc ($93k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 63% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.