Kineo School

Analysis

Kineo School is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in August 2017, 9 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, Kineo School reported income of $494k and spending of $456k, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $225k to $494k (+120%), an average of +22% a year. The sharpest change came in the year to July 2023, when income rose by 55%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kineo School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Kapaa High School Foundation ($494k), Fort Griffin Fandangle Association Inc ($494k) and Community Nursery School of Wayland Inc ($494k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $49k (11% of expenses). Other salaries and wages came to $251k. At year end it held assets of $240k against liabilities of $8,189, net assets of $232k. It reported 6 employees.