Independent School Association of the Central States Inc

Analysis

Independent School Association of the Central States Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1968, 58 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Independent School Association of the Central States Inc reported income of $2.8m and spending of $2.5m, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $2.8m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent School Association of the Central States Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Foundation of the Federal Bar Association ($2.8m), Associated Industries of Arkansas Foundation Inc ($2.8m) and National Senior Games Association Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $349k (14% of expenses). Other salaries and wages came to $797k. At year end it held assets of $4.1m against liabilities of $693k, net assets of $3.4m. It reported 9 employees.