Fifth City Child Development Institute Inc Preschool Program

Analysis

Fifth City Child Development Institute Inc Preschool Program is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1979, 47 years ago. 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 June 2023, Fifth City Child Development Institute Inc Preschool Program reported income of $784k and spending of $565k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $469k to $784k (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fifth City Child Development Institute Inc Preschool Program sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Fmi Inc ($784k), Christian Life Ministries ($784k) and Society of the Precious Blood Senior Housing Corporation ($784k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $65k (11% of expenses). Other salaries and wages came to $224k. At year end it held assets of $526k against liabilities of $25k, net assets of $501k. It reported 9 employees.