Austin Special Chicago

Analysis

Austin Special Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1955, 71 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, Austin Special Chicago reported income of $3.2m and spending of $2.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.2m (+34%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Austin Special Chicago sits at the 86th percentile: it is larger than about 86% 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 Education Foundation of Sarasota Co Unty Inc ($3.2m), Westside Community School of the Arts ($3.2m) and Alliance Christian School ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $168k (5.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.9m against liabilities of $787k, net assets of $1.1m. It reported 47 employees.