Midtown-Metro Achievement Centers

Analysis

Midtown-Metro Achievement Centers is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Midtown-Metro Achievement Centers reported income of $2.5m and spending of $3.1m, spending 124% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $2.9m to $2.5m (-12%), an average of -2.6% a year. The sharpest change came in the year to May 2024, when income dropped by 35%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midtown-Metro Achievement Centers sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Littleton Academy Inc ($2.5m), How Institute for Society ($2.5m) and Rolling Hills Charter School Inc ($2.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 77% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $102k (3.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.1m against liabilities of $490k, net assets of $5.6m. It reported 127 employees.