Agb Institute

Analysis

Agb Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2017, 9 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 December 2022, Agb Institute reported income of $216k and spending of $197k, spending 91% of its income. Across the 3 years on record, from December 2020 to December 2022, income fell from $255k to $216k (-15%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Agb Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Explorers Montessori Coastal Cooperative ($216k), Nuevo Foundation ($216k) and Glenbrook Nursery School Inc ($216k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $23k (12% of expenses). Other salaries and wages came to $105k. At year end it held assets of $3,040 against liabilities of $0, net assets of $3,040. It reported 3 employees.