Chicago Arts Partnerships in Education

Analysis

Chicago Arts Partnerships in Education is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2023, Chicago Arts Partnerships in Education reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.7m (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Arts Partnerships in Education sits at the 85th 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 88th percentile within IL. Charities of a similar size with the same main cause include Oakland Leaf Foundation ($2.7m), Discovery Charter School Inc ($2.7m) and Scago Educational Facilities Corporation for Union School Distr ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $99k (3.7% of expenses). Other salaries and wages came to $542k. At year end it held assets of $1.5m against liabilities of $397k, net assets of $1.1m. It reported 14 employees.