Ceic Corp

Analysis

Ceic Corp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2020, 6 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 2024, Ceic Corp reported income of $449k and spending of $405k, spending 90% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $86k to $449k (+422%), an average of +128% a year. The sharpest change came in the year to June 2024, when income rose by 262%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ceic Corp 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 Achieving Community Task Successfully ($449k), Practice After School Program ($450k) and Kids Club Incorporated ($449k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $123k, net assets of -$28k.