City Elementary

Analysis

City Elementary 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, City Elementary reported income of $611k and spending of $612k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $587k to $611k (+4.1%), an average of +1.0% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Elementary sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include San Luis Obispo County Elect Joint Appenticeship & Training TR Fund ($611k), Profound Ladies Inc ($611k) and Cleveland College Foundation Fund Inc ($610k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $96k (16% of expenses). Other salaries and wages came to $341k. At year end it held assets of $95k against liabilities of $12k, net assets of $84k. It reported 13 employees.