Darien Study Center Inc

Analysis

Darien Study Center Inc is a registered charity in United States, based in Darien, IL. It received its IRS tax-exemption ruling in July 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 2024, Darien Study Center Inc reported income of $515k and spending of $713k, spending 138% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $620k to $515k (-17%), an average of -4.5% a year. Over the whole period it spent 129% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Darien Study Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Richard Myles Johnson Foundation ($515k), Wadsworth Library ($515k) and Literacy Research Association Inc ($515k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 47% of the total. Other salaries and wages came to $251k. At year end it held assets of $5.3m against liabilities of $65k, net assets of $5.2m. It reported 16 employees.

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.