Chicago Education Partnership

Analysis

Chicago Education Partnership is a registered charity in United States, based in Chicago, IL. 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 June 2024, Chicago Education Partnership reported income of $14.5m and spending of $13.8m, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.6m to $14.5m (+157%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Education Partnership sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Alta Vista School Inc ($14.5m), Legacy Traditional School- Northwest Tucson Inc ($14.5m) and Bosque School ($14.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $625k (4.5% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $9.8m against liabilities of $6.3m, net assets of $3.5m. It reported 173 employees.