Kipp Texas Inc
Kipp Texas Inc. shows strong financial growth and consistent operational surpluses over the last decade.
EIN: 10639602 · Houston, TX · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $483.3M |
| Total Expenses | $480.8M |
| Program Spending | 85% |
| Net Assets | $166.8M |
| Transparency Score | 85/100 |
Is Kipp Texas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kipp Texas Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kipp Texas Inc
Kipp Texas Inc (EIN: 10639602) is a nonprofit organization based in Houston, TX, classified under NTEE code B24. The organization reported total revenue of $483.3M and total assets of $879.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kipp Texas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kipp Texas Inc is a major nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $484.5M |
| Total Expenses | $480.8M |
| Surplus / Deficit | +$3.7M |
| Total Assets | $893.3M |
| Total Liabilities | $726.5M |
| Net Assets | $166.8M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 81.3% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Kipp Texas Inc reported a surplus of $3.7M with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 81.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kipp Texas Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +9.1% | -1.1% |
| 2022 | +15.6% | +22.9% | +27.5% |
| 2021 | +14.3% | +8.5% | +10.4% |
| 2020 | +8.4% | +7.9% | +31.0% |
| 2019 | +420.3% | +439.6% | +354.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kipp Texas Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kipp Texas Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 81.3%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings indicates that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue, suggesting either a unique compensation structure or that these roles are filled by uncompensated volunteers or through a related entity.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Kipp Texas Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, which may warrant further investigation into compensation structures or related entities.
Strengths
The following positive indicators were identified for Kipp Texas Inc:
- Consistent operational surpluses, indicating sound financial management (e.g., $3.7M surplus in 202306).
- Significant and sustained revenue growth over the past decade, demonstrating expanding reach and support.
- Substantial growth in assets, reflecting investment in mission and long-term stability.
- Strong financial health with assets ($893,335,799 in 202306) significantly exceeding liabilities ($726,510,735 in 202306).
Frequently Asked Questions about Kipp Texas Inc
Is Kipp Texas Inc a legitimate charity?
Kipp Texas Inc (EIN: 10639602) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $483.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kipp Texas Inc spend its money?
Kipp Texas Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kipp Texas Inc tax-deductible?
Kipp Texas Inc is registered as a tax-exempt nonprofit (EIN: 10639602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kipp Texas Inc's spending goes to programs?
Kipp Texas Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kipp Texas Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kipp Texas Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kipp Texas Inc located?
Kipp Texas Inc is headquartered in Houston, Texas and files with the IRS under EIN 10639602. It is classified under NTEE code B24.
How many years of IRS 990 filings does Kipp Texas Inc have?
Kipp Texas Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $483.3M in total revenue.
Is Kipp Texas Inc. financially stable?
Yes, Kipp Texas Inc. appears financially stable, consistently reporting revenues exceeding expenses and significant growth in assets over the past decade. For example, in 202306, revenue was $484,508,851 against expenses of $480,760,038.
How has Kipp Texas Inc.'s revenue grown?
Kipp Texas Inc. has experienced substantial revenue growth, increasing from $38,774,688 in 201408 to $484,508,851 in 202306, demonstrating a significant expansion of its operations and funding.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $48,463,608 in 201408 to $893,335,799 in 202306, indicating significant investment and accumulation of resources.
Does Kipp Texas Inc. pay its officers?
According to the provided IRS 990 data, officer compensation is reported as 0% across all available filings, suggesting that officers, directors, trustees, and key employees are not directly compensated by the organization or their compensation is handled through a different reporting mechanism.
Filing History
IRS 990 filing history for Kipp Texas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kipp Texas Inc's revenue has grown by 3257.4%, moving from $14.4M to $484.5M. Total assets increased by 13279% over the same period, from $6.7M to $893.3M. Total functional expenses rose by 3418.2%, from $13.7M to $480.8M. In its most recent filing year (2023), Kipp Texas Inc reported a surplus of $3.7M, with revenue exceeding expenses. The organization holds $726.5M in liabilities against $893.3M in assets (debt-to-asset ratio: 81.3%), resulting in net assets of $166.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $484.5M | $480.8M | $893.3M | $726.5M | — | View 990 |
| 2022 | $457.8M | $440.8M | $903.0M | $740.1M | — | View 990 |
| 2021 | $396.0M | $358.6M | $708.0M | $561.7M | — | — |
| 2020 | $346.3M | $330.5M | $641.3M | $532.9M | — | — |
| 2019 | $319.4M | $306.2M | $489.7M | $397.1M | — | View 990 |
| 2018 | $61.4M | $56.7M | $107.7M | $72.1M | — | View 990 |
| 2017 | $56.0M | $53.8M | $105.2M | $74.3M | — | View 990 |
| 2016 | $50.8M | $46.7M | $106.1M | $77.4M | — | View 990 |
| 2015 | $42.4M | $33.7M | $83.9M | $59.2M | — | View 990 |
| 2014 | $38.8M | $30.4M | $48.5M | $32.5M | — | View 990 |
| 2013 | $23.7M | $22.4M | $28.0M | $20.4M | — | View 990 |
| 2012 | $18.1M | $17.3M | $16.4M | $10.0M | — | View 990 |
| 2011 | $14.4M | $13.7M | $6.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $484.5M, expenses of $480.8M, and assets of $893.3M (revenue +5.8% year-over-year).
- 2022: Revenue of $457.8M, expenses of $440.8M, and assets of $903.0M (revenue +15.6% year-over-year).
- 2021: Revenue of $396.0M, expenses of $358.6M, and assets of $708.0M (revenue +14.3% year-over-year).
- 2020: Revenue of $346.3M, expenses of $330.5M, and assets of $641.3M (revenue +8.4% year-over-year).
- 2019: Revenue of $319.4M, expenses of $306.2M, and assets of $489.7M (revenue +420.3% year-over-year).
- 2018: Revenue of $61.4M, expenses of $56.7M, and assets of $107.7M (revenue +9.6% year-over-year).
- 2017: Revenue of $56.0M, expenses of $53.8M, and assets of $105.2M (revenue +10.3% year-over-year).
- 2016: Revenue of $50.8M, expenses of $46.7M, and assets of $106.1M (revenue +19.9% year-over-year).
- 2015: Revenue of $42.4M, expenses of $33.7M, and assets of $83.9M (revenue +9.3% year-over-year).
- 2014: Revenue of $38.8M, expenses of $30.4M, and assets of $48.5M (revenue +63.8% year-over-year).
- 2013: Revenue of $23.7M, expenses of $22.4M, and assets of $28.0M (revenue +30.7% year-over-year).
- 2012: Revenue of $18.1M, expenses of $17.3M, and assets of $16.4M (revenue +25.5% year-over-year).
- 2011: Revenue of $14.4M, expenses of $13.7M, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kipp Texas Inc:
Data Sources and Methodology
This transparency report for Kipp Texas Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.