Lawndale Educational and Regional Network Charter School

Analysis

Lawndale Educational and Regional Network Charter School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2001, 25 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, Lawndale Educational and Regional Network Charter School reported income of $83.1m and spending of $72.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.7m to $83.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lawndale Educational and Regional Network Charter School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Claremont Graduate University ($83.0m), Manhattanville College ($83.3m) and University of Pikeville ($83.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $911k (1.2% of expenses). Other salaries and wages came to $35.5m. At year end it held assets of $103.2m against liabilities of $38.6m, net assets of $64.6m. It reported 693 employees.