Kyiv School of Economics

Analysis

Kyiv School of Economics is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2001, 25 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 December 2023, Kyiv School of Economics reported income of $52.8m and spending of $34.0m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $52.8m (+2035%), an average of +115% a year. The sharpest change came in the year to December 2022, when income rose by 941%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kyiv School of Economics sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within DC. Charities of a similar size with the same main cause include University of Louisville Foundation Inc ($52.8m), Colorado Academy ($53.2m) and Tabor Academy ($52.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $4.4m (13% of expenses). At year end it held assets of $34.1m against liabilities of $1.4m, net assets of $32.7m.