Knowman Learning Academy

Analysis

Knowman Learning Academy is a registered charity in United States, based in Middlebrg HTS, OH. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Knowman Learning Academy reported income of $329k and spending of $211k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $290k to $329k (+14%), an average of +14% a year. Over the whole period it spent 52% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Knowman Learning Academy sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Calvary Bible Institute Inc ($329k), Youth with a Mission Greater Philadelphia Inc ($329k) and North American Church and Gospel Halls Assistance Fund ($329k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $21k (9.8% of expenses). Other salaries and wages came to $93k. At year end it held assets of $453k against liabilities of $157k, net assets of $296k.