Chileda Institute Inc

Analysis

Chileda Institute Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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 December 2023, Chileda Institute Inc reported income of $17.4m and spending of $17.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.6m to $17.4m (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chileda Institute Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include U M FDSP Associates Pa ($17.4m), Second Harvest Northland ($17.4m) and Western Piedmont Council of Governments ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $360k (2.1% of expenses). Other salaries and wages came to $11.7m. At year end it held assets of $20.8m against liabilities of $5.8m, net assets of $14.9m. It reported 502 employees.