Kinwell Academy Inc

Analysis

Kinwell Academy Inc is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in January 2018, 8 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 2024, Kinwell Academy Inc reported income of $335k and spending of $247k, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $269k to $335k (+24%), an average of +4.5% a year. The sharpest change came in the year to June 2024, when income rose by 20%. 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, Kinwell Academy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Baldwin County Library Cooperative Inc ($335k), Girls on the Run of Northwest Illinois ($335k) and Clayton Business and Community Association Inc ($335k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $53k (21% of expenses). Other salaries and wages came to $86k. At year end it held assets of $300k against liabilities of $0, net assets of $300k. It reported 5 employees.