Once Upon Our Time Capsule

Analysis

Once Upon Our Time Capsule is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2022, 4 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 December 2023, Once Upon Our Time Capsule reported income of $244k and spending of $142k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $244k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Once Upon Our Time Capsule sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Quartzsite Southern Christian Academy ($244k), Pacific Tax Policy Institute Inc ($244k) and Bellevue Wolverine Boosters ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $58k (41% of expenses). At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 1 employees.