Associates of Chicago Urban Day School

Analysis

Associates of Chicago Urban Day School is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2022, Associates of Chicago Urban Day School reported income of $635k and spending of $881k, spending 139% of what it took in. Across the 3 years on record, from March 2020 to March 2022, income grew from $613k to $635k (+3.6%), an average of +1.8% a year. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Associates of Chicago Urban Day School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Community Partnerships & Associates Inc ($635k), Ridefinders ($635k) and Bridges Foundation ($635k).

On its Form 990 for the period ending March 2022, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $39k (4.4% of expenses). Other salaries and wages came to $149k. At year end it held assets of $3.7m against liabilities of $1.9m, net assets of $1.7m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.