Kairos Academies
Analysis
Kairos Academies is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 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 June 2023, Kairos Academies reported income of $9.9m and spending of $10.2m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.1m to $9.9m (+362%), an average of +66% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Kairos Academies sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Wilson Preparatory Academy ($9.9m), Georgia Gwinnett College Foundationinc ($9.9m) and Focus Learning Academy of Northern Columbus ($9.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m. It reported 106 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.1%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wilson Preparatory Academy | Wilson | $9.9m |
| Georgia Gwinnett College Foundationinc | Lawrenceville | $9.9m |
| Focus Learning Academy of Northern Columbus | Columbus | $9.9m |
| Pace School | Pittsburgh | $9.9m |