Carole Robertson Center for Learning

Analysis

Carole Robertson Center for Learning is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Carole Robertson Center for Learning reported income of $38.8m and spending of $38.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $38.8m (+231%), an average of +35% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carole Robertson Center for Learning sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Monadnock Development Services Region V Area Agency ($38.8m), Feedmore Western New York Inc ($38.8m) and Echoing Hills Village Inc ($38.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $894k (2.3% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $19.5m against liabilities of $4.1m, net assets of $15.4m. It reported 421 employees.