KIPP Academy Charter School
KIPP Academy Charter School reported $24.5 million in revenue and $23.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.56 went to program services, $13.44 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. Government grants made up 99.3%. The highest compensation it reported for one person was $511,088 (CHIEF EXECUTIVE OFFICER). 34 people received more than $100,000 in reportable compensation. Revenue rose 17% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $23MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $511,088 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.19% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 34 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 1.00 hrs/week | $0 | $463,490 | $47,598 | $511,088 |
| DEPUTY SUPERINTENDENT Officer, 3.00 hrs/week | $0 | $322,419 | $55,445 | $377,864 |
| CFO (UNTIL 1/2025) Officer, 1.00 hrs/week | $0 | $243,398 | $31,639 | $275,037 |
| PRINCIPAL Key employee, 40.00 hrs/week | $248,110 | $0 | $277 | $248,387 |
| PRINCIPAL Key employee, 40.00 hrs/week | $177,746 | $0 | $35,503 | $213,249 |
| ASSISTANT PRINCIPAL Highest compensated employee, 40.00 hrs/week | $138,033 | $0 | $35,480 | $173,513 |
| PRINCIPAL Highest compensated employee, 40.00 hrs/week | $137,784 | $0 | $31,252 | $169,036 |
| DEAN 3 Highest compensated employee, 40.00 hrs/week | $126,891 | $0 | $35,454 | $162,345 |
34 people received more than $100,000 in reportable compensation from KIPP Academy Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $357K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 584
- Volunteers Part I, line 621
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| KIPP NEW YORK INC Management fee | $3,049,290 |
| HERMANS DISCOUNT INC Clothing supplier | $110,072 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from KIPP Academy Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for KIPP Academy Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 KIPP Academy Charter School spent in FY2025, $86.56 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- American Indian Model SchoolsOakland, CA · revenue $24M · programs 82.5% · FY2025
- Gateway Academy Charter SchoolNewark, NJ · revenue $24M · programs 65.0% · FY2025
- Lycee Francais de ChicagoChicago, IL · revenue $24M · programs 85.7% · FY2025
- Ivey Business School FoundationCanada, · revenue $24M · programs 92.9% · FY2025
- University of North Florida FoundationJacksonville, FL · revenue $24M · programs 79.8% · FY2025
Questions people ask
How much of KIPP Academy Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, KIPP Academy Charter School reported that 86.6% of its $23.4 million in expenses went to program services, 13.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does KIPP Academy Charter School pay its top executive?
The largest total compensation KIPP Academy Charter School reported for one person in the fiscal year ending June 30, 2025 was $511,088, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does KIPP Academy Charter School get its money?
Of $24.5 million in revenue in the fiscal year ending June 30, 2025, 99.7% came from contributions and grants (including 99.3% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).
Is KIPP Academy Charter School a registered charity?
The IRS lists EIN 11-3550982 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641359349302059 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349312910 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349307776 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349308712 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349306169 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141359349301709 · read the filing
All filings for EIN 11-3550982: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.