Chicago Hope Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,802,163 | 2,762,345 | 39,818 | 35.4 | 42% |
| 2012 | 3,561,854 | 2,788,983 | 772,871 | 38.4 | 42% |
| 2013 | 3,747,969 | 3,204,635 | 543,334 | 35.5 | 42% |
| 2014 | 4,264,095 | 4,066,513 | 197,582 | 28.5 | 39% |
| 2015 | 4,629,985 | 4,283,094 | 346,891 | 27.9 | 38% |
| 2016 | 4,660,089 | 4,197,344 | 462,745 | 29.8 | 41% |
| 2017 | 5,669,617 | 4,257,955 | 1,411,662 | 33.4 | 38% |
| 2018 | 7,676,508 | 5,580,882 | 2,095,626 | 30.0 | 3% |
| 2019 | 4,497,037 | 6,226,839 | −1,729,802 | 24.3 | 34% |
| 2020 | 21,983,563 | 7,328,966 | 14,654,597 | 41.3 | 27% |
| 2021 | 17,748,373 | 7,357,361 | 10,391,012 | 53.0 | 32% |
| 2022 | 8,566,908 | 12,204,491 | −3,637,583 | 27.5 | 0% |
| 2023 | 9,705,618 | 6,719,628 | 2,985,990 | 56.8 | 45% |
In its most recent public year (2023), this organization brought in $2,985,990 more than it spent. Its reserves stood at about 56.8 months of spending, up from 35.4 in 2011. Staff pay was 45% of spending. $352,798 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 Hope Academy'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