Children Outreach and Communityempowerment Inc

Analysis

Children Outreach and Communityempowerment Inc is a registered charity in United States, based in Winnetka, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Children Outreach and Communityempowerment Inc reported income of $291k and spending of $335k, spending 115% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $242k to $291k (+21%), an average of +6.4% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children Outreach and Communityempowerment Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($291k), Wichita Indochinese Center Inc ($292k) and Southwest Independent School District Education Foundation ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $176k. At year end it held assets of $1.4m against liabilities of $30, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.