Communities in Schools of Chicago

Analysis

Communities in Schools of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2023, Communities in Schools of Chicago reported income of $11.1m and spending of $6.3m, leaving 44% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $11.1m (+218%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Communities in Schools of Chicago sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Matulaitis Nursing Home Inc ($11.1m), Boys & Girls Clubs of Greater Redlands-Riverside ($11.1m) and Kootasca Community Action Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $463k (7.4% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $14.1m against liabilities of $610k, net assets of $13.4m. It reported 78 employees.