Ensemble Espanol

Analysis

Ensemble Espanol is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1976, 50 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ensemble Espanol reported income of $1.7m and spending of $1.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.7m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ensemble Espanol sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Lander-Grinspoon Academy Solomon SC Hechter Day School ($1.7m), Easy K Foundation Inc ($1.7m) and Healthy Communities of Henry County Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Other salaries and wages came to $302k. At year end it held assets of $802k against liabilities of $170k, net assets of $632k. It reported 23 employees.