Childcare Network of Evanston

Analysis

Childcare Network of Evanston is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in May 1970, 56 years ago. 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 June 2023, Childcare Network of Evanston reported income of $3.8m and spending of $3.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.8m (+15%), an average of +3.6% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childcare Network of Evanston sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Cumberland Mountain Industries Inc ($3.8m), National Relief Telecom Inc ($3.8m) and Hillel the Foundation for Jewish Campus Life ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $769k. At year end it held assets of $1.2m against liabilities of $672k, net assets of $504k. It reported 16 employees.