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Taskin Educational Organization

RegisteredEIN 26-3763572Rolling MDWS, ILEducation and training
Income$3.5m2023-12
Spending$1.3msame year
Spent / received32%5-year average
Size in its cause87th pctEducation and training
Exempt since2011School
Employees0latest return

Analysis

Taskin Educational Organization is a registered charity in United States, based in Rolling MDWS, IL. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, Taskin Educational Organization reported income of $3.5m and spending of $1.3m, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $3.5m (+209%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 115%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Taskin Educational Organization sits at the 87th percentile: it is larger than about 86% 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 Compass Academy Charter School ($3.5m), Hoyt Trust ($3.5m) and Writopia Lab Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 12% of the total. Other salaries and wages came to $407k. At year end it held assets of $13.8m against liabilities of $1.6m, net assets of $12.2m.

Income and spending

$0$1.3m$2.6m$3.9m$5.2m2019 Income: $1,139,3832019 Spending: $969,91120192020 Income: $2,445,3202020 Spending: $818,63020202021 Income: $3,997,4642021 Spending: $1,137,50020212022 Income: $5,191,4512022 Spending: $913,20520222023 Income: $3,515,9342023 Spending: $1,326,6942023
IncomeSpending

Where the income comes from

  • Contributions & grants 6.7%
  • Program services 12%
  • Other 81%

Similar-sized charities, same cause

CharityLocationIncome
Compass Academy Charter SchoolVineland$3.5m
Hoyt TrustSaginaw$3.5m
Writopia Lab IncNew York$3.5m
Migizi Communications IncMinneapolis$3.5m