Kyiv School of Economics
Kyiv School of Economics reported $51.7 million in revenue and $33.8 million in expenses for calendar year 2024. Of every $100 it spent, $79.64 went to program services, $14.68 to management and general costs and $5.68 to fundraising. Its largest source of revenue was contributions and grants: 90.5% of the total. The highest compensation it reported for one person was $221,882 (PRESIDENT). 1 person received more than $100,000 in reportable compensation. Revenue rose 1991% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $52MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.7% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $221,882 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.66% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 1 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 18.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 13 of 13 | 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
2024 · Form 990, Part III · the three largest programs by expenseProvide charitable aid and assistance to the citizens, organizations and students of Ukraine, to overcome the ravages of war and to provide for their general humanitarian needs
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, key employee, 40.00 hrs/week | $221,882 | $0 | $0 | $221,882 |
| SECRETARY Director/trustee, officer, 40.00 hrs/week | $67,699 | $0 | $0 | $67,699 |
| TREASURER Director/trustee, officer, 40.00 hrs/week | $29,810 | $0 | $0 | $29,810 |
| RECTOR Director/trustee, 40.00 hrs/week | $26,065 | $0 | $0 | $26,065 |
| DIRECTOR OF Business School Director/trustee, 40.00 hrs/week | $24,259 | $0 | $0 | $24,259 |
| Vice President for Education Director/trustee, 40.00 hrs/week | $11,917 | $0 | $0 | $11,917 |
| Director of Subsidiary Key employee, 40.00 hrs/week | $8,135 | $0 | $0 | $8,135 |
1 people received more than $100,000 in reportable compensation from Kyiv School of Economics (Part VII, line 2). Compensation of current officers, directors and key employees totaled $387K (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
2024 · 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–1b13 · 13 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 14bYes
- Employees Part I, line 51
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Community Councelling Service Co Conduct arapid ass | $150,000 |
| FORWARD GLOBAL Consulting service | $131,173 |
| Benjamin Hilgenstock Professional fees | $130,000 |
| Elina Rybakova Professional fees | $103,335 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Private foundation grants it received
4 private foundations reported grants to Kyiv School of Economics totaling $31,450 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 Kyiv School of Economics's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Kyiv School of Economics, you can publish a response that is linked from this page.
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Of every $100 Kyiv School of Economics spent in 2024, $79.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Relay Graduate School of EducationNew York, NY · revenue $52M · programs 70.0% · FY2025
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- Rocky Mountain CollegeBillings, MT · revenue $52M · programs 90.0% · FY2025
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- Princeton Day SchoolPrinceton, NJ · revenue $52M · programs 82.5% · FY2025
All education charities · Largest charities in District of Columbia
Questions people ask
How much of Kyiv School of Economics's spending goes to programs?
In calendar year 2024, Kyiv School of Economics reported that 79.6% of its $33.8 million in expenses went to program services, 14.7% to management and general and 5.7% to fundraising (Form 990, Part IX).
How much does Kyiv School of Economics pay its top executive?
The largest total compensation Kyiv School of Economics reported for one person in calendar year 2024 was $221,882, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Kyiv School of Economics get its money?
Of $51.7 million in revenue in calendar year 2024, 90.5% came from contributions and grants and 2.5% from program service revenue (Form 990, Part VIII).
Is Kyiv School of Economics a registered charity?
The IRS lists EIN 52-2264611 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
- 2024: Form 990 for calendar year 2024, object 202533189349300118 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349306601 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333189349305868 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213189349318706 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103069349303025 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349311852 · read the filing
All filings for EIN 52-2264611: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.