Explore Knowledge Foundation

Analysis

Explore Knowledge Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Explore Knowledge Foundation reported income of $662k and spending of $631k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $680k to $662k (-2.7%), an average of -0.7% a year. 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, Explore Knowledge Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within NV. Charities of a similar size with the same main cause include Christa McAuliffe Parent-Faculty Group ($662k), Plumbers Steamfitters Local 42 Joint Apprentice Training Plan ($662k) and Fire Foundation of Denver ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $6.2m against liabilities of $7.6m, net assets of -$1.4m.