North Park Elementary School Association

Analysis

North Park Elementary School Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1982, 44 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, North Park Elementary School Association reported income of $5.4m and spending of $5.2m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.7m to $5.4m (+15%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Park Elementary School Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include French American School of Silicon Valley ($5.4m), Hilltop Preparatory School Inc ($5.4m) and Mount Alverno High School ($5.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $395k (7.6% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $10.6m against liabilities of $3.2m, net assets of $7.4m. It reported 64 employees.