Council of the Great City Schools

Analysis

Council of the Great City Schools is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1961, 65 years ago. 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, Council of the Great City Schools reported income of $10.1m and spending of $10.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.1m to $10.1m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council of the Great City Schools sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include Umpqua Homes Inc ($10.1m), Saint Peters Healthcare System Physician Associates ($10.1m) and San Diego French-American School ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $652k (6.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $19.0m against liabilities of $4.1m, net assets of $14.8m. It reported 23 employees.