Chicagoland Electrical Association Education Foundation Inc

Analysis

Chicagoland Electrical Association Education Foundation Inc is a registered charity in United States, based in Oakbrook Terrace, IL. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chicagoland Electrical Association Education Foundation Inc reported income of $87k and spending of $92k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $87k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicagoland Electrical Association Education Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Math for America San Diego ($87k), Center for Anglican Theology Liturgy and Spiritual Formation in ($87k) and Thoreau Elementary PTO Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.