Knowledge Systems Institute

Analysis

Knowledge Systems Institute is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in May 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Knowledge Systems Institute reported income of $220k and spending of $499k, spending 227% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $174k to $220k (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 167% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knowledge Systems Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Gulf Offshore Research Institute ($220k), Global Korean Nursing Foundation Inc ($220k) and My Legacy Foundation ($220k).

Compensation of current officers, directors and key employees was $36k (7.3% of expenses). Other salaries and wages came to $86k. At year end it held assets of $3.9m against liabilities of $9,979, net assets of $3.9m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.