Kipp DC Supporting Corp

Analysis

Kipp DC Supporting Corp is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kipp DC Supporting Corp reported income of $116k and spending of $296k, spending 256% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $146k to $116k (-21%), an average of -5.6% a year. The sharpest change came in the year to June 2020, when income rose by 4120%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp DC Supporting Corp sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include National Association of Corporate Directors ($116k), Millard West Marching Band Boosters ($116k) and Girls on the Run Palm Beach Inc ($116k).

At year end it held assets of $8.8m against liabilities of $44k, net assets of $8.7m.