KHAN ACADEMY INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2025
$117,488,956
Contributions
77%
Program Services
19%
Investments
4%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$87,533,668
Salaries & Benefits
78%
Offices, Occupancy & IT
14%
Fees to Service Providers
5%
Other
2%
Advertising & Promotion
<1%
Grants
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$20,748,059
$90,423,383
+336%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$5,341,231
$22,164,801
+315%
Membership Dues
$0
$0
-
Investments
$2,088,291
$4,158,661
+99%
Other
-$123,009
$742,111
-703%
Total Revenues
$28,054,572
$117,488,956
+319%
Expenses
2024
2025
Change
Grants
$0
$593,100
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$28,565,909
$68,165,164
+139%
Fees to Service Providers
$3,241,696
$4,495,462
+39%
Advertising & Promotion
$342,337
$647,195
+89%
Offices, Occupancy & IT
$5,824,448
$12,046,827
+107%
Interest
$0
$0
-
Depreciation
$5,479
$2,887
-47%
Other
$792,550
$1,583,033
+100%
Total Expenses
$38,772,419
$87,533,668
+126%
Net income
2024
2025
Change
Net income
-$10,717,847
+$29,955,288
-379%
Functional Expenses
Summary
2024
2025
Change
Program
$32,940,811
$75,592,351
+129%
Admin
$3,953,536
$8,240,154
+108%
Fundraising
$1,878,072
$3,701,163
+97%
Total Expenses
$38,772,419
$87,533,668
+126%
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