KIPP Foundation
KIPP Foundation reported $145.5 million in revenue and $107.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $96.11 went to program services, $2.12 to management and general costs and $1.77 to fundraising. Its largest source of revenue was contributions and grants: 92.5% of the total. Government grants made up 8.0%. The highest compensation it reported for one person was $917,921 (CEO AND BOARD MEMBER). 144 people received more than $100,000 in reportable compensation. Revenue rose 47% 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 $107MFor 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 $146MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.1% | 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 | $0.01 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 92.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 5.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $917,921 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.86% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 144 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 17.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 12 of 14 | 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 expenseOne kipp:the foundation partners with kipp schools & regions to deliver joyful, academically excellent education by building systems that promote equity, establish healthy school culture, and support teachers in expanding content knowledge and culturally responsive pedagogy.the foundation provides kipp schools & regions with:- curriculum, assessment, and instructional resources with implementation support;- regional superintendent coaching and support;- professional development, training, and shared tools for executive directors and school leaders;- strengthened college counseling and alumni…
Network growth and sustainability:the foundation strengthens regional capabilities and drives mission delivery by partnering with executive directors and senior leaders to support growth, scale, and strategic planning aligned with public policy goals.the foundation provides kipp schools & regions with:- financial and operational support; - integration and scaling assistance; - strategic leadership for new sites;- brand protection and narrative advancement to expand stakeholder engagement;- national and local policy advocacy through authentic stakeholder relationships;- alumni networking and…
Network infrastructure:the foundation supports continuous learning and improvement among kipp schools & regions by:- creating ongoing visibility into network-wide performance and generating actionable insights;- delivering high-quality data and research to enable network leaders to make data-driven decisions;- promoting innovation and facilitating idea exchange through network-wide retreats and professional development events; and - providing direct legal and technology support
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 |
|---|---|---|---|---|
| CEO AND BOARD MEMBER Director/trustee, officer, 40.00 hrs/week | $863,946 | $0 | $53,975 | $917,921 |
| PRESIDENT Key employee, 40.00 hrs/week | $424,631 | $0 | $53,975 | $478,606 |
| CHIEF SCHOOLS OFFICER Highest compensated employee, 40.00 hrs/week | $424,068 | $0 | $53,975 | $478,043 |
| CHIEF LEGAL OFFICER/SECRETARY Officer, 40.00 hrs/week | $392,076 | $0 | $45,861 | $437,937 |
| CHIEF DEVELOPMENT OFFICER Highest compensated employee, 40.00 hrs/week | $362,536 | $0 | $32,033 | $394,569 |
| CFO/TREASURER Officer, 40.00 hrs/week | $333,754 | $0 | $39,710 | $373,464 |
| CHIEF OF STAFF TO THE CEO Highest compensated employee, 40.00 hrs/week | $320,193 | $0 | $36,123 | $356,316 |
| CHIEF OPERATING OFF (PARTIAL YEAR) Key employee, 40.00 hrs/week | $332,667 | $0 | $20,130 | $352,797 |
144 people received more than $100,000 in reportable compensation from KIPP Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.8M (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–1b14 · 12 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 4Yes
- 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 5262
- Volunteers Part I, line 613
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| XMEDIA GROUP LLC Regional marketing | $6,072,194 |
| ARRAY EDUCATION Literacy instruction services | $1,848,000 |
| SODEXO LIVE Conference services | $1,327,401 |
| MET GROUP INC Conference services | $1,000,118 |
| INSTRUCTION PARTNERS Math instruction services | $462,500 |
Individuals listed as contractors are left out. 34 contractors were paid more than $100,000 in all.
Private foundation grants it received
24 private foundations reported grants to KIPP Foundation totaling $83M 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 KIPP Foundation'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 Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 KIPP Foundation spent in FY2025, $96.11 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- University EnterprisesSacramento, CA · revenue $145M · programs 95.2% · FY2025
- Saint Leo UniversitySaint Leo, FL · revenue $146M · programs 81.6% · FY2025
- Bellarmine UniversityLouisville, KY · revenue $145M · programs 88.0% · FY2025
- Roosevelt UniversityChicago, IL · revenue $146M · programs 87.9% · FY2025
- The Research Institute of the McGill University Health CentreCanada, · revenue $144M · programs 80.7% · FY2026
Questions people ask
How much of KIPP Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, KIPP Foundation reported that 96.1% of its $107.3 million in expenses went to program services, 2.1% to management and general and 1.8% to fundraising (Form 990, Part IX).
How much does KIPP Foundation pay its top executive?
The largest total compensation KIPP Foundation reported for one person in the fiscal year ending June 30, 2025 was $917,921, for the role of CEO AND BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does KIPP Foundation get its money?
Of $145.5 million in revenue in the fiscal year ending June 30, 2025, 92.5% came from contributions and grants (including 8.0% from government grants) and 5.6% from program service revenue (Form 990, Part VIII).
Is KIPP Foundation a registered charity?
The IRS lists EIN 94-3362724 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202631339349307438 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501339349309325 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410879349301346 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330879349300508 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221019349300217 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100509349301315 · read the filing
All filings for EIN 94-3362724: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.