North Chicago Public Education Foundation

Analysis

North Chicago Public Education Foundation is a registered charity in United States, based in North Chicago, IL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, North Chicago Public Education Foundation reported income of $321k and spending of $182k, leaving 43% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $289k to $321k (+11%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Chicago Public Education Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Corpus Christi Education Foundation ($321k), City County Athletic Complex Inc ($321k) and SSM Health at Home Foundation of Wisconsin Inc ($321k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $568k against liabilities of $47k, net assets of $520k.