Childrens School of Oak Park

Analysis

Childrens School of Oak Park is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in August 2005, 21 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 July 2023, Childrens School of Oak Park reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.2m to $1.9m (+67%), an average of +14% a year. The sharpest change came in the year to July 2021, when income rose by 26%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens School of Oak Park sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Ascension Academy ($1.9m), Friends of Independent Schools and Better Education ($1.9m) and Fernandina Beach Christian Academy Inc ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $213k (11% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.3m against liabilities of $216k, net assets of $1.1m. It reported 29 employees.