Chicago North Chinese School

Analysis

Chicago North Chinese School is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Chicago North Chinese School reported income of $54k and spending of $61k, spending 112% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $57k to $54k (-5.4%), an average of -5.4% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chicago North Chinese School sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Old Colorado City Historical Society ($54k), Movement Exchange ($54k) and Colorado Chamber Players Incorporated ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.1% and program service revenue 80% of the total. At year end it held assets of $291k against liabilities of $0, net assets of $291k.