Khan Lab School
Khan Lab School reported $11.9 million in revenue and $10.3 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $89.76 went to program services, $8.47 to management and general costs and $1.77 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.9% of the total. The highest compensation it reported for one person was $452,811 (Executive Dir.). 7 people received more than $100,000 in reportable compensation. Revenue rose 54% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $10MFor 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 July 31, 2025 · Form 990, Part VIII · total revenue $12M- Contributions & grants (non-government)$9.38 $1.1M
- Program service revenue$87.85 $10M
- Investment income$2.77 $329K
Other revenue was negative: −$3,466. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.16 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 9.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $452,811 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.40% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 5 of 6 | 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 expenseSchool programing - Khan Lab School was founded in 2014 by salman "sal" khan (founder of khan academy) based on the vision for education articulated in his book the one world schoolhouse: education reimagined. As a laboratory school, we are dedicated to research-based instruction and furthering innovation in education. Thanks to our association with khan academy, we leverage the power of technology to better personalize the classroom. Khan Lab School is a full-year, full-day, mastery-based program without the encumbrance of letter grades. Our constant is mastery and our variable is the time…
Highest 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 |
|---|---|---|---|---|
| Executive Dir. Officer, 40.00 hrs/week | $391,562 | $0 | $61,249 | $452,811 |
| CFO Officer, 40.00 hrs/week | $200,536 | $0 | $14,888 | $215,424 |
| U/S DIRECTOR Listed in Part VII, 40.00 hrs/week | $141,832 | $0 | $11,427 | $153,259 |
| INNOVATION HUB DIR Listed in Part VII, 40.00 hrs/week | $120,945 | $0 | $12,813 | $133,758 |
| DIR ADMISS & REGIS Listed in Part VII, 40.00 hrs/week | $114,462 | $0 | $17,929 | $132,391 |
| HEAD OF OPS/TECH Listed in Part VII, 40.00 hrs/week | $113,043 | $0 | $15,805 | $128,848 |
| SCHOOL DIR WICHITA Listed in Part VII, 40.00 hrs/week | $110,726 | $0 | $5,742 | $116,468 |
| Chairman Director/trustee, officer, 5.00 hrs/week | $90,480 | $0 | $0 | $90,480 |
7 people received more than $100,000 in reportable compensation from Khan Lab School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $529K (Part IX, line 5).
5 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–1b6 · 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 592
- Volunteers Part I, line 650
Private foundation grants it received
1 private foundation reported grants to Khan Lab School totaling $958 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Khan Lab 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 Khan Lab School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Khan Lab School spent in FY2025, $89.76 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Greene SchoolWest Palm Beach, FL · revenue $12M · programs 96.1% · FY2025
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- API Fund for Payroll EducationSan Antonio, TX · revenue $12M · programs 64.5% · 2024
- Kentucky Cattlemen's FoundationLexington, KY · revenue $12M · programs 75.7% · 2025
Questions people ask
How much of Khan Lab School's spending goes to programs?
In the fiscal year ending July 31, 2025, Khan Lab School reported that 89.8% of its $10.3 million in expenses went to program services, 8.5% to management and general and 1.8% to fundraising (Form 990, Part IX).
How much does Khan Lab School pay its top executive?
The largest total compensation Khan Lab School reported for one person in the fiscal year ending July 31, 2025 was $452,811, for the role of Executive Dir. (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Khan Lab School get its money?
Of $11.9 million in revenue in the fiscal year ending July 31, 2025, 9.4% came from contributions and grants and 87.9% from program service revenue (Form 990, Part VIII).
Is Khan Lab School a registered charity?
The IRS lists EIN 46-5742553 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 July 31, 2025, object 202630999349300418 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202511189349302331 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202440399349300624 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202321539349300412 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202221669349301842 · read the filing
All filings for EIN 46-5742553: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.