Pursue Scholars NFP

Analysis

Pursue Scholars NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2022, Pursue Scholars NFP reported income of $349k and spending of $401k, spending 115% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $251k to $349k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2020, when income rose by 27%. 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, Pursue Scholars NFP sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Scott Township Public Library ($349k), Arecibo Baseball Acamedy Inc ($349k) and Fine Arts Preparatory School ($349k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $225k. At year end it held assets of $86k against liabilities of $0, net assets of $86k.