Providence Englewood Schoolcorporation

Analysis

Providence Englewood Schoolcorporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2007, 19 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, Providence Englewood Schoolcorporation reported income of $6.3m and spending of $6.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $6.3m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Providence Englewood Schoolcorporation 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 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Southwest Minnesota State University Foundation Inc Smsu FDN ($6.3m), Kadima Hebrew Academy ($6.3m) and Robeson County Partnership for Children ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $167k (2.5% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $2.0m against liabilities of $1.3m, net assets of $685k. It reported 65 employees.