Kaexcellence Scholars Inc

Analysis

Kaexcellence Scholars Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 (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, Kaexcellence Scholars Inc reported income of $150k and spending of $121k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $202k to $150k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kaexcellence Scholars Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include New Beginnings Preschool Inc ($150k), Loma Verde Foundation ($150k) and Camdenton R-Iii School District Education Foundation Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.