San Miguel Febres Cordero School Inc

Analysis

San Miguel Febres Cordero School Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, San Miguel Febres Cordero School Inc reported income of $1.6m and spending of $1.4m, spending 91% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.2m to $1.6m (+32%), an average of +9.6% a year. The sharpest change came in the year to July 2021, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Miguel Febres Cordero School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Burton Foundation for Legal Achievement ($1.6m), Madison Community Cooperative ($1.6m) and Maker Nexus ($1.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 95% and program service revenue 5.2% of the total. Compensation of current officers, directors and key employees was $135k (9.3% of expenses). Other salaries and wages came to $759k. At year end it held assets of $1.5m against liabilities of $194k, net assets of $1.3m. It reported 25 employees.