Partnership to Educate and Advance Kids

Analysis

Partnership to Educate and Advance Kids is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1998, 28 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, Partnership to Educate and Advance Kids reported income of $1.3m and spending of $699k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $468k to $1.3m (+187%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Partnership to Educate and Advance Kids 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 82nd percentile within IL. Charities of a similar size with the same main cause include Kids Are People Elementary School Inc ($1.3m), Entrepreneurs Organization ($1.3m) and Fern-Waters Public Charter School Incorporated ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $191k, net assets of $1.0m. It reported 2 employees.