Academy for Children II

Analysis

Academy for Children II is a registered charity in United States, based in Calumet City, IL. It received its IRS tax-exemption ruling in August 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, Academy for Children II reported income of $534k and spending of $615k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $481k to $534k (+11%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Academy for Children II sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Stark Housing Network Inc ($534k), Las Vegas Indian Center Inc ($534k) and Spread Hope Now Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $147k (24% of expenses). Other salaries and wages came to $224k. At year end it held assets of $410k against liabilities of $0, net assets of $410k. It reported 20 employees.