Finishing Trades Institute of DC 14 Chicago

Analysis

Finishing Trades Institute of DC 14 Chicago is a registered charity in United States, based in Berkeley, IL. It received its IRS tax-exemption ruling in January 1964, 62 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 2023, Finishing Trades Institute of DC 14 Chicago reported income of $7.4m and spending of $6.4m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.7m to $7.4m (+30%), an average of +6.7% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Finishing Trades Institute of DC 14 Chicago sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Gateway Research Park Inc ($7.4m), Church Farm School ($7.4m) and Cabrillo College Foundation ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 84% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $21.8m against liabilities of $1.0m, net assets of $20.7m. It reported 10 employees.