CS Academy

Analysis

CS Academy is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 2021, CS Academy reported income of $766k and spending of $684k, spending 89% of its income. Across the 2 years on record, from December 2020 to December 2021, income fell from $970k to $766k (-21%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CS Academy sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Sulamita Christian Academy ($766k), Unit Scholarship Fund Inc ($766k) and Scranton Road Ministries Community Development Corporation ($766k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $345k. At year end it held assets of $1.1m against liabilities of $23k, net assets of $1.1m. It reported 15 employees.