Kerus Global Education

Analysis

Kerus Global Education is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Kerus Global Education reported income of $801k and spending of $777k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $336k to $801k (+139%), an average of +139% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kerus Global Education sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Memorial High School Booster Club Inc ($801k), Casa Italiana Language School Inc ($801k) and Mansfield High School Athletic Booster Club Inc ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $134k (17% of expenses). Other salaries and wages came to $27k. At year end it held assets of $203k against liabilities of $12k, net assets of $192k. It reported 4 employees.