Catalyst for Educational Change

Analysis

Catalyst for Educational Change is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Catalyst for Educational Change reported income of $1.3m and spending of $1.5m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $1.3m (-71%), an average of -27% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catalyst for Educational Change sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Nonprofit Center of Northeast Florida Inc ($1.3m), Grassroots Collaborative ($1.3m) and Government Microcircuits Applications Conference-Gomac ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $363k (24% of expenses). Other salaries and wages came to $559k. At year end it held assets of $2.2m against liabilities of $86k, net assets of $2.1m. It reported 15 employees.