Chesterton Academy of the Immaculate Heart

Analysis

Chesterton Academy of the Immaculate Heart is a registered charity in United States, based in Volo, IL. It received its IRS tax-exemption ruling in November 2023, 3 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 2024, Chesterton Academy of the Immaculate Heart reported income of $437k and spending of $442k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $16k to $437k (+2571%), an average of +127% a year. The sharpest change came in the year to June 2021, when income rose by 1100%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesterton Academy of the Immaculate Heart 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 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Aggrandize Global ($437k), Project Implicit Inc ($437k) and I Have a Dream Foundation -Milwaukee Inc ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.9% and program service revenue 75% of the total. Other salaries and wages came to $253k. At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 13 employees.