4 Knowledge Is Power Inc

Analysis

4 Knowledge Is Power Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, 4 Knowledge Is Power Inc reported income of $63k and spending of $64k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $51k to $63k (+24%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 4 Knowledge Is Power Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Oromo Community Organization ($63k), Ujima Ya Ujamaa Inc ($63k) and Downtown Mantua Revitalization Corporation ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$160 against liabilities of $0, net assets of -$160.

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.