East Chicago Urban Enterprise Academy Inc

Analysis

East Chicago Urban Enterprise Academy Inc is a registered charity in United States, based in East Chicago, IN. It received its IRS tax-exemption ruling in June 2017, 9 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, East Chicago Urban Enterprise Academy Inc reported income of $6.9m and spending of $6.2m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $6.9m (+69%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Chicago Urban Enterprise Academy Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include Credo High School ($6.9m), Rise Prep Mayoral Academy ($6.9m) and Chattanooga Charter School of Excellence ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. At year end it held assets of $4.7m against liabilities of $1.7m, net assets of $3.0m.