Kairos University a Campus of America Evangelical University

Analysis

Kairos University a Campus of America Evangelical University is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. 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 August 2024, Kairos University a Campus of America Evangelical University reported income of $554k and spending of $545k, spending 98% of its income. Across the 3 years on record, from August 2021 to August 2024, income grew from $5,600 to $554k (+9796%), an average of +895% a year. The sharpest change came in the year to August 2022, when income rose by 1706%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kairos University a Campus of America Evangelical University sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Ayala Band and Color Guard Boosters ($554k), American Society for Precision Engineering Inc ($554k) and Iowa County Fair Society Inc ($554k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (6.6% of expenses). Other salaries and wages came to $51k. At year end it held assets of $173k against liabilities of $195k, net assets of -$22k. It reported 3 employees.