Kaizen Educational Foundation

Analysis

Kaizen Educational Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Kaizen Educational Foundation reported income of $52.6m and spending of $48.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.9m to $52.6m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kaizen Educational Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Walton Arts Center Council Inc ($52.3m), Adrienne Arsht Center Trust Inc ($53.1m) and Saint Louis Symphony Orchestra ($52.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66.9m against liabilities of $53.5m, net assets of $13.4m.