Chicago Scholars Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 998,114 | 1,569,955 | −571,841 | 13.6 | 45% |
| 2012 | 2,623,614 | 1,549,462 | 1,074,152 | 22.6 | 39% |
| 2013 | 5,102,041 | 1,658,191 | 3,443,850 | 46.5 | 49% |
| 2014 | 3,502,843 | 2,203,188 | 1,299,655 | 42.0 | 53% |
| 2015 | 2,780,814 | 3,167,019 | −386,205 | 27.5 | 49% |
| 2016 | 2,350,760 | 1,640,104 | 710,656 | 58.9 | 57% |
| 2017 | 4,794,374 | 4,037,945 | 756,429 | 27.2 | 51% |
| 2018 | 5,510,787 | 4,390,492 | 1,120,295 | 28.1 | 53% |
| 2019 | 4,119,937 | 5,333,808 | −1,213,871 | 20.4 | 54% |
| 2020 | 4,139,913 | 6,234,647 | −2,094,734 | 13.4 | 62% |
| 2021 | 6,079,355 | 5,260,299 | 819,056 | 19.8 | 62% |
| 2022 | 7,151,418 | 5,735,285 | 1,416,133 | 19.8 | 61% |
| 2023 | 6,857,221 | 7,844,062 | −986,841 | 13.7 | 56% |
In its most recent public year (2023), this organization spent $986,841 more than it brought in. Its reserves stood at about 13.7 months of spending. Staff pay was 56% of spending. $8,221,244 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Chicago Scholars Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works