Sullivan House High School Inc

Analysis

Sullivan House High School Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2009, 17 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, Sullivan House High School Inc reported income of $4.4m and spending of $4.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.4m (+26%), an average of +6.0% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sullivan House High School Inc 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 Denver Early Childhood Council ($4.4m), Itineris Early College High School ($4.4m) and Seven Peaks School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $304k (6.9% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $1.6m against liabilities of $265k, net assets of $1.3m. It reported 35 employees.

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.