Education Couture NFP

Analysis

Education Couture NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2015, 11 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 2022, Education Couture NFP reported income of $123k and spending of $83k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $54k to $123k (+129%), an average of +129% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Couture NFP sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Passaic County Technical Institute Educational Foundation ($123k), Cassia County Education Foundation Inc ($123k) and Nipomo High School Agriculture Friends ($123k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.