Kent School Services Network

Analysis

Kent School Services Network is a registered charity in United States, based in Grand Rapids, MI. 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 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, Kent School Services Network reported income of $2.8m and spending of $3.3m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kent School Services Network sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Aquinas College ($2.8m), Oak Grove Classical Academy Inc ($2.8m) and Westside Montessori School Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.1% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $114k (3.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.4m against liabilities of $207k, net assets of $1.2m. It reported 61 employees.