Giant Steps Illinois Inc

Analysis

Giant Steps Illinois Inc is a registered charity in United States, based in Lisle, IL. It received its IRS tax-exemption ruling in May 1997, 29 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 August 2023, Giant Steps Illinois Inc reported income of $12.6m and spending of $13.7m, spending 109% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.4m to $12.6m (+11%), an average of +2.6% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Giant Steps Illinois Inc sits at the 94th percentile: it is larger than about 94% 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 Nevada Health and Bioscience Asset Corporation ($12.6m), Society of Hospital Medicine ($12.6m) and Ad Prima Charter School ($12.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $255k (1.9% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $11.1m against liabilities of $4.8m, net assets of $6.3m. It reported 293 employees.