Chicago Area Alternative Education League a Not for Profit Corp

Analysis

Chicago Area Alternative Education League a Not for Profit Corp is a registered charity in United States, based in LA Grange, IL. It received its IRS tax-exemption ruling in May 1981, 45 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 July 2023, Chicago Area Alternative Education League a Not for Profit Corp reported income of $302k and spending of $299k, spending 99% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $255k to $302k (+18%), an average of +5.7% a year. The sharpest change came in the year to July 2022, when income rose by 98%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Area Alternative Education League a Not for Profit Corp sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Art Museum New Bedford Inc ($302k), Watertown Hockey Association Inc ($302k) and USA Swimming Inc ($302k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (25% of expenses). Other salaries and wages came to $131k. At year end it held assets of $155k against liabilities of $3,529, net assets of $152k. It reported 3 employees.