Arabic School of Chicago

Analysis

Arabic School of Chicago is a registered charity in United States, based in Bensenville, IL. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Arabic School of Chicago reported income of $392k and spending of $131k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $392k (+152%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 419%. Over the whole period it spent 15% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Arabic School of Chicago sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Victoria Bach Festival Association Inc ($392k), Steel River Playhouse Inc ($393k) and Stearns County Pioneer Club ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.2% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.