Kardia Classical School

Analysis

Kardia Classical School is a registered charity in United States, based in Snohomish, WA. It received its IRS tax-exemption ruling in March 2021, 5 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, Kardia Classical School reported income of $198k and spending of $220k, spending 111% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $126k to $198k (+57%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kardia Classical School sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Birchas Avreichim Foundation ($198k), Small Hands Preschool and Child Care ($198k) and Wednesday Music Club ($198k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $50k (23% of expenses). Other salaries and wages came to $102k. At year end it held assets of $51k against liabilities of $16k, net assets of $35k. It reported 5 employees.