American Quality Schools Corporation

Analysis

American Quality Schools Corporation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in October 2008, 18 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 2023, American Quality Schools Corporation reported income of $3.0m and spending of $2.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $3.0m (-4.8%), an average of -1.2% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Quality Schools Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Hartland Institute of Health and Education ($3.0m), Communities in Schools of Pennsylvania Inc ($3.0m) and Mastery Community Builders Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $1.4m, net assets of -$123k. It reported 40 employees.