Childrens First Fund the Chicago Public School Foundation

Analysis

Childrens First Fund the Chicago Public School Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1997, 29 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, Childrens First Fund the Chicago Public School Foundation reported income of $14.3m and spending of $12.7m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $14.3m (+58%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 135%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens First Fund the Chicago Public School Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Friends of Excel Academy Inc ($14.3m), Excelsior Academy ($14.3m) and Legacy Traditional School-Glendale ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $674k. At year end it held assets of $33.3m against liabilities of $1.3m, net assets of $32.0m. It reported 8 employees.