Knowledge Truck Inc

Analysis

Knowledge Truck Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in May 2015, 11 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 January 2024, Knowledge Truck Inc reported income of $105k and spending of $60k, leaving 43% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income fell from $137k to $105k (-23%), an average of -23% a year. The sharpest change came in the year to January 2024, when income dropped by 23%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knowledge Truck Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Ladies of Vision Charities ($105k), Nevada Ski Team Boosters ($105k) and Grandparents Assocaiton of Edgarton Christian Academy a NJ Non Profit ($105k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,452 against liabilities of $0, net assets of $1,452.