Chicago City Day School

Analysis

Chicago City Day School 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 2023, Chicago City Day School reported income of $7.7m and spending of $7.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $7.7m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago City Day School sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Broome Street Academy ($7.7m), Franklin Christian Academy ($7.7m) and Brooklyn Kindergarten Society ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $314k (4.2% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $33.6m against liabilities of $762k, net assets of $32.8m. It reported 46 employees.