Erie Charter School Foundation

Analysis

Erie Charter School Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Erie Charter School Foundation reported income of $181k and spending of $153k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $233k to $181k (-22%), an average of -6.1% a year. The sharpest change came in the year to June 2020, when income rose by 44%. Over the whole period it spent 961% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Erie Charter School Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Mid-Valley Literacy Center ($181k), Driving Safety for Everyone ($181k) and Worcester Polytechnic Institute Alumni Association ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 147% of the total. At year end it held assets of $215k against liabilities of $200k, net assets of $15k.