Academy for Global Citizenship Charter School

Analysis

Academy for Global Citizenship Charter School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academy for Global Citizenship Charter School reported income of $31.8m and spending of $7.3m, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $31.8m (+472%), an average of +55% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academy for Global Citizenship Charter School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Summit Center Inc ($31.8m), Marin Country Day School ($31.8m) and Girls Preparatory School Inc ($31.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $329k (4.5% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $45.3m against liabilities of $3.8m, net assets of $41.5m. It reported 108 employees.