Ladder Up

Analysis

Ladder Up is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1996, 30 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, Ladder Up reported income of $2.9m and spending of $2.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.9m (+80%), an average of +16% a year. The sharpest change came in the year to June 2020, when income rose by 86%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ladder Up sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Montessori Childrens Center Inc ($2.9m), Arkansas Alumni Association Inc ($2.9m) and Walton Academy Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $313k (13% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $4.7m against liabilities of $121k, net assets of $4.5m. It reported 18 employees.