Banner Learning Corp - Chicago

Analysis

Banner Learning Corp - Chicago is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, Banner Learning Corp - Chicago reported income of $502k and spending of $370k, leaving 26% of income unspent that year. The sharpest change came in the year to December 2021, when income rose by 1747%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Banner Learning Corp - Chicago sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Vermillion Public Schools Foundation ($502k), Wagner Middle School 167 Parents Association ($502k) and Huan-Yu Education Center Inc ($502k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $660k against liabilities of $428k, net assets of $231k.