Ivy Academy of Early Learning II Inc

Analysis

Ivy Academy of Early Learning II Inc is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ivy Academy of Early Learning II Inc reported income of $1.2m and spending of $1.3m, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $902k to $1.2m (+38%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ivy Academy of Early Learning II Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Healthcare Innovations Network Inc ($1.2m), El Ayudante Missions USA Inc ($1.2m) and Northside Youth and Senior Service Center Inc ($1.2m).

On its Form 990 for the period ending December 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 $308k (25% of expenses). Other salaries and wages came to $510k. At year end it held assets of $260k against liabilities of $183k, net assets of $77k. It reported 38 employees.