Knox County Head Start Inc

Analysis

Knox County Head Start Inc is a registered charity in United States, based in Mount Vernon, OH. It received its IRS tax-exemption ruling in June 1965, 61 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 July 2023, Knox County Head Start Inc reported income of $6.1m and spending of $5.9m, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.5m to $6.1m (+37%), an average of +8.2% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knox County Head Start Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Tybee Island Charter School ($6.1m), Yellow Wood Academy ($6.1m) and Core Influencer Institute Inc ($6.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $120k (2.0% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $2.3m against liabilities of $410k, net assets of $1.8m. It reported 150 employees.