Kids First Chicago for Education

Analysis

Kids First Chicago for Education is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Kids First Chicago for Education reported income of $3.2m and spending of $4.6m, spending 145% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $3.6m to $3.2m (-11%), an average of -3.9% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kids First Chicago for Education sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Cardinal and Gold Fund Inc ($3.2m), Buffalo Creek Academy Inc ($3.2m) and Grace Christian School of Ocala Florida Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $357k (7.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $6.7m against liabilities of $293k, net assets of $6.4m. It reported 24 employees.