After School Matters Inc

Analysis

After School Matters Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2001, 25 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, After School Matters Inc reported income of $38.5m and spending of $36.6m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $28.6m to $38.5m (+35%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, After School Matters Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include University School of Milwaukee Corporation ($38.5m), Albany Law School ($38.6m) and Illinois College of Optometry ($38.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.3m (3.6% of expenses). Other salaries and wages came to $16.2m. It paid $75k in professional fundraising fees. At year end it held assets of $69.4m against liabilities of $5.6m, net assets of $63.8m. It reported 3,648 employees.