Knowledge Academy Educational Services

Analysis

Knowledge Academy Educational Services is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Knowledge Academy Educational Services reported income of $120k and spending of $118k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $120k (+118%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knowledge Academy Educational Services sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Albemarle High Shool Band Parents Association ($120k), Bath Rotary Club Charitable Trust ($120k) and Friends of the Sierra Madre Library ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,265 against liabilities of $0, net assets of $4,265.