Educate-Trade-Create Corporation

Analysis

Educate-Trade-Create Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 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 December 2023, Educate-Trade-Create Corporation reported income of $113k and spending of $104k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $236k to $113k (-52%), an average of -31% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educate-Trade-Create Corporation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Southwestern Finance Association ($113k), Winston Salem Sportsmen Club Inc ($113k) and Student Scholarship Organization for Greek Americans ($113k).

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 $109k against liabilities of $86k, net assets of $24k.