Khan Academy achieved four-star Charity Navigator rating with 84% program spending and transparent financial reporting
Nov 14, 2024Khan Academy maintains exceptional nonprofit governance: a four-star Charity Navigator rating (100% accountability and finance score), with 84% of its $72.5M in 2023 expenses going directly to program activities. The organization publishes annual reports with detailed financial data, makes Form 990s publicly accessible, maintains an independent board, and reports no political spending or lobbying. CEO Sal Khan's compensation of $1.2M and a 4.9 compensation ratio are within industry norms for a nonprofit of its size. Major donors include the Bill & Melinda Gates Foundation ($38M total) and Stand Together Trust ($20M five-year commitment).