The Knowledge House Fellowship Inc

The Knowledge House Fellowship Inc is a nonprofit organization with the mission of bridging the gap in the education-to-employment pipeline by providing digital skills training to underserved communities. Founded in 2014, the organization is dedicated to creating a pipeline of technologists from low-income backgrounds, empowering them with the skills necessary to secure well-paying jobs in the tech industry.

Mission and Programs

The Knowledge House (TKH) focuses on providing web literacy and tech-entrepreneurship programs to schools and nonprofit organizations. Its primary objective is to equip young people with the technical skills and career support needed to thrive in the technology sector. The organization offers a range of programs, including the Innovation Fellowship, which provides participants with comprehensive tech skills training across three high-growth tracks: Data Science, Web Development, and Cybersecurity. This 12-month program includes a monthly education stipend, career exposure, and networking opportunities.

Impact

Since its inception, The Knowledge House has supported over 3,000 aspiring technologists. Approximately 75% of graduates from their programs have successfully landed their first technology roles, with about 50% securing full-time positions within a year, earning average salaries of $80,000. This success underscores the organization's commitment to lifting communities out of poverty by creating economic opportunities.

Financial Overview

As of 2023, The Knowledge House Fellowship Inc reported a revenue of $10.5 million and expenses of $5.84 million, with total assets valued at $10.1 million and liabilities of $1.03 million. Donations to the organization are tax-deductible. The majority of its revenue comes from contributions, reflecting strong support from donors for their mission.

Locations and Expansion

Initially based in the South Bronx, The Knowledge House has expanded its programs to serve young people in Newark, Atlanta, Los Angeles, and Washington, D.C. This national reach reflects the organization's ambition to create a broader impact on underserved communities across the United States.