Core Skills Institute

Analysis

Core Skills Institute is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Core Skills Institute reported income of $215k and spending of $248k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $56k to $215k (+287%), an average of +97% a year. The sharpest change came in the year to June 2023, when income rose by 244%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Skills Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KS. Charities of a similar size with the same main cause include Sonlight Christian Academy ($215k), Hamilton Action Team ($215k) and Trinity Education Foundation ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $121k (49% of expenses). Other salaries and wages came to $24k. At year end it held assets of $138k against liabilities of $9,087, net assets of $129k. It reported 2 employees.