Koan School

Analysis

Koan School is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in August 2014, 12 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, Koan School reported income of $972k and spending of $930k, spending 96% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $556k to $972k (+75%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Koan School sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Greater Summit County Early Learning Center ($972k), Centro Para Emprendedores Inc ($973k) and Nw-Links ($972k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $47k (5.1% of expenses). Other salaries and wages came to $613k. At year end it held assets of $1.9m against liabilities of $1.5m, net assets of $340k. It reported 21 employees.