Youth Connection Charter School
Analysis
Youth Connection Charter School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1999, 27 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 June 2024, Youth Connection Charter School reported income of $51.0m and spending of $52.3m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $53.9m to $51.0m (-5.3%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Youth Connection Charter School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Geneva College ($51.0m), University of Virginia Law School Foundation ($51.1m) and Virginia Union University ($51.0m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.0m (2.0% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $21.7m against liabilities of $7.8m, net assets of $13.8m. It reported 192 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.8%
- Program services 96%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Geneva College | Beaver Falls | $51.0m |
| University of Virginia Law School Foundation | Charlottesvle | $51.1m |
| Virginia Union University | Richmond | $51.0m |
| Greenwich Academy Inc | Greenwich | $51.2m |