Science & Entrepreneurship Exchange

Analysis

Science & Entrepreneurship Exchange is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Science & Entrepreneurship Exchange reported income of $459k and spending of $644k, spending 140% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $284k to $459k (+62%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 176%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Science & Entrepreneurship Exchange sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Bircham International University Inc ($459k), Latin Chamber of Commerce Community Foundation ($459k) and Meeting House Family Center Inc ($459k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $158k (25% of expenses). Other salaries and wages came to $278k. At year end it held assets of $136k against liabilities of $12k, net assets of $124k. It reported 7 employees.