Kinkaid School Inc

Analysis

Kinkaid School Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1990, 36 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 July 2023, Kinkaid School Inc reported income of $81.5m and spending of $61.7m, leaving 24% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $54.6m to $81.5m (+49%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 130%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kinkaid School Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include California Virtual Academies at Los Angeles ($81.4m), Des Moines University Osteopathic Medical Center ($81.6m) and Pontifical Catholic University of Puerto Rico ($81.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $4.1m (6.6% of expenses). Other salaries and wages came to $25.1m. It paid $71k in professional fundraising fees. At year end it held assets of $216.4m against liabilities of $50.5m, net assets of $165.9m. It reported 552 employees.