Leslie Shankman School Corporation

Analysis

Leslie Shankman School Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1995, 31 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, Leslie Shankman School Corporation reported income of $18.8m and spending of $17.2m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.8m to $18.8m (+5.5%), an average of +1.4% a year. The sharpest change came in the year to June 2021, when income rose by 564%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Leslie Shankman School Corporation 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 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Ascent Classical Academy Charter Schools Inc ($18.8m), Carolina University ($18.8m) and York University ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $713k (4.2% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $20.9m against liabilities of $8.4m, net assets of $12.5m. It reported 194 employees.