Excelsior Healthcareer Academy Inc

Analysis

Excelsior Healthcareer Academy Inc is a registered charity in United States, based in Chicago HTS, IL. It received its IRS tax-exemption ruling in December 2016, 10 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, Excelsior Healthcareer Academy Inc reported income of $313k and spending of $187k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $313k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excelsior Healthcareer Academy Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include School Discovery Network ($313k), Toledo Christian Schools Foundation ($313k) and Neosho County Community College Endowment Foundation ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $507k against liabilities of $3,512, net assets of $504k.