Kestrel Schools Inc

Analysis

Kestrel Schools Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in September 2000, 26 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 2023, Kestrel Schools Inc reported income of $509k and spending of $159k, leaving 69% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $310k to $509k (+64%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kestrel Schools Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include New Vision Properties Inc ($509k), Calcpa Institute ($509k) and Associated Students of Sierra College ($509k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $35k (22% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.7m against liabilities of $22k, net assets of $1.7m. It reported 5 employees.