Chicago Principals and Adm Assoc Educational Program Inc

Analysis

Chicago Principals and Adm Assoc Educational Program Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 June 2023, Chicago Principals and Adm Assoc Educational Program Inc reported income of $66k and spending of $78k, spending 118% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $81k to $66k (-20%), an average of -7.0% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Principals and Adm Assoc Educational Program Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Catoosa Homeschool Co-Op Inc ($66k), Jesuit High Boosters Club ($66k) and Parent Booster USA Inc ($66k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $31k against liabilities of $77k, net assets of -$45k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.