Karpenko Institute for Nurturing and Developing Leadership Excellen

Analysis

Karpenko Institute for Nurturing and Developing Leadership Excellen is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Karpenko Institute for Nurturing and Developing Leadership Excellen reported income of $393k and spending of $301k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $208k to $393k (+89%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Karpenko Institute for Nurturing and Developing Leadership Excellen sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Council for Tribal Employment Rights ($392k), Community Education Council ($393k) and Greater Oelwein Area Early Childhood Development Center Inc ($392k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 10% of the total. Other salaries and wages came to $137k. At year end it held assets of $2.4m against liabilities of $9,802, net assets of $2.4m. It reported 2 employees.