Midwest Principals Center Inc
Analysis
Midwest Principals Center Inc is a registered charity in United States, based in Hoffman Est, IL. It received its IRS tax-exemption ruling in September 2014, 12 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, Midwest Principals Center Inc reported income of $251k and spending of $353k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $519k to $251k (-52%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Midwest Principals Center Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Stepping Stones Pre School ($251k), Reading to Kids ($251k) and Harrisonville Classical Christian Academy ($251k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $135k (38% of expenses). At year end it held assets of $402k against liabilities of $41k, net assets of $361k. It reported 3 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stepping Stones Pre School | Proctorsville | $251k |
| Reading to Kids | Los Angeles | $251k |
| Harrisonville Classical Christian Academy | Harrisonville | $251k |
| Fairfield Child Development Center | Fairfield | $251k |