Nonprofit Knowledge Works Inc
Analysis
Nonprofit Knowledge Works Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in June 1998, 28 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, Nonprofit Knowledge Works Inc reported income of $625k and spending of $1.6m, spending 260% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $772k to $625k (-19%), an average of -5.1% a year. The sharpest change came in the year to June 2020, when income rose by 145%. Over the whole period it spent 109% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Nonprofit Knowledge Works Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include Shiras Bais Yaakov Inc ($625k), Central Florida Aerospace Academy Foundation Inc ($625k) and Kids Kingdom Preparatory Academy Inc ($625k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $172k (11% of expenses). Other salaries and wages came to $812k. At year end it held assets of $1.6m against liabilities of $502k, net assets of $1.1m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 39%
- Other 5.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shiras Bais Yaakov Inc | Toms River | $625k |
| Central Florida Aerospace Academy Foundation Inc | Lakeland | $625k |
| Kids Kingdom Preparatory Academy Inc | New Castle | $625k |
| Citizens Veterans Association Inc | Grayson | $625k |