Khan Academy Inc

Nonprofit profile at a glance

EIN
261544963
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-N 2009
Location
Mountain View, CA, USA
Phone
6503365426
Rating
79
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$117,488,956
Expenses
$87,533,668
Assets
$158,656,292
Liabilities
$6,440,948

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • SALMAN KHAN (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • SALMAN KHAN (CHIEF EXECUTIVE OFFICER): $913,109 total reported compensation
  • JULIAN ROBERTS (CHIEF FIN AND ADMIN OFFICER): $481,553 total reported compensation
  • VICKI ZUBOVIC (CHIEF EXTERNAL RELATIONS OFFICER): $476,813 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A free world-class education for anyone, anywhere.

What it reported doing in 2024

Content creation and curation: the khan academy platform includes an extensive and growing library of educational resources. On june 30, 2025, it contained approximately 800 active courses, 20,000 videos, 12,500 sets of practice problems, and 10,250 articles. From july 2024 to june 2025, we continued to deepen and broaden our course offerings in the core subjects of math, science, english/language arts and social studies, and also expanded courses in popular topics such as financial literacy and computer science. Additionally, we continued to forge partnerships to help us create more world-class content. Khan academy's goal is to be the world's best learning resource, providing free, rigorous, and engaging standards-aligned instructional and practice content to teachers and learners in the k-12 classroom especially, but also to any independent learner, anywhere in the world.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 74
  • Accountability: 95
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66%; rating input score 66
  • Program expense ratio: 86.4%; rating input score 86
  • Fundraising efficiency: $24.43 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: 0 of 8 controls in place; rating input score 0
    • Claims monitoring procedures: Fail
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 40th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25.5%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 12.9% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 11.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 66% of revenue deployed · 86.4% of spending went to programs
  • Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $75.6M in reported program spending
  • Leadership: top reported pay $913K · 26 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.1M reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 15 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 8 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 7/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.