Depaul College Prep Foundation

Analysis

Depaul College Prep Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Depaul College Prep Foundation reported income of $4.4m and spending of $4.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.9m to $4.4m (-80%), an average of -33% a year. The sharpest change came in the year to June 2020, when income dropped by 83%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Depaul College Prep Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Merit Academy ($4.4m), Gracepoint School Inc ($4.4m) and Ucic School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $107.3m against liabilities of $80.3m, net assets of $27.0m.