Singleton Education Academy Inc

Analysis

Singleton Education Academy Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Singleton Education Academy Inc reported income of $140k and spending of $131k, spending 94% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $272k to $140k (-48%), an average of -48% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Singleton Education Academy Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Inner Strength ($140k), Orchard Hills Achievement Center Inc ($140k) and Carries Kids Inc ($140k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $104k against liabilities of $0, net assets of $104k. It reported 4 employees.