Ki Education Foundation

Analysis

Ki Education Foundation is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in July 2013, 13 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 June 2023, Ki Education Foundation reported income of $9.4m and spending of $8.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.4m to $9.4m (+113%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ki Education Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Legacy Preparatory Academy ($9.4m), Bright School Inc ($9.4m) and Kipp Administrative Services Corporation ($9.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $200k (2.5% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $6.7m against liabilities of $897k, net assets of $5.8m. It reported 132 employees.