Knowledge Works Learning Academy Kai Wadiya Learning Academy

Analysis

Knowledge Works Learning Academy Kai Wadiya Learning Academy is a registered charity in United States, based in Phenix City, AL. It received its IRS tax-exemption ruling in December 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 December 2023, Knowledge Works Learning Academy Kai Wadiya Learning Academy reported income of $926k and spending of $734k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $926k (+631%), an average of +64% a year. The sharpest change came in the year to December 2022, when income rose by 664%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knowledge Works Learning Academy Kai Wadiya Learning Academy sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include Queens Community Center Inc ($926k), Student Free Press Association ($926k) and Clark County Vocational Skills Center Foundation ($926k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $419k. At year end it held assets of $537k against liabilities of $281k, net assets of $255k.