Pui Tak Christian School

Analysis

Pui Tak Christian School is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 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 June 2023, Pui Tak Christian School reported income of $2.2m and spending of $1.7m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $2.2m (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pui Tak Christian School 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 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Northwest Learning & Achievement Group ($2.2m), Grammar School Incorporated ($2.2m) and Ag One ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $84k (5.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.6m against liabilities of $371k, net assets of $5.3m. It reported 46 employees.