Kittredge Magnet School Foundation Inc

Analysis

Kittredge Magnet School Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Kittredge Magnet School Foundation Inc reported income of $961k and spending of $832k, spending 87% of its income. Across the 4 years on record, from July 2020 to July 2024, income grew from $219k to $961k (+338%), an average of +64% a year. The sharpest change came in the year to July 2024, when income rose by 193%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kittredge Magnet School Foundation Inc 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 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include PBDG Foundation ($961k), Krayola Learning Academy Inc ($961k) and Lawrence Schools Foundation ($960k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $352k. At year end it held assets of $290k against liabilities of $1,594, net assets of $288k. It reported 33 employees.