German International School Chicago NFP

Analysis

German International School Chicago NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, German International School Chicago NFP reported income of $4.3m and spending of $3.6m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.3m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, German International School Chicago NFP sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Global Scholars Academy Gsa ($4.3m), Florida Autism Center of Excellence Inc ($4.3m) and Doral Academy of North Carolina ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $234k (6.5% of expenses). Other salaries and wages came to $1.9m. It paid $3,837 in professional fundraising fees. At year end it held assets of $9.4m against liabilities of $3.6m, net assets of $5.7m. It reported 55 employees.