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KIPP Chicago Schools

Chicago, IL · EIN 30-0135927 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

KIPP Chicago Schools reported $56.8 million in revenue and $57.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.98 went to program services, $8.52 to management and general costs and $1.50 to fundraising. Its largest source of revenue was contributions and grants: 98.9% of the total. Government grants made up 96.0%. The highest compensation it reported for one person was $287,161 (EXECUTIVE DIRECTOR - TERM). 68 people received more than $100,000 in reportable compensation. Revenue rose 64% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $57M

Program services$89.98 $51M
Management & general$8.52 $4.9M
Fundraising$1.50 $857K

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $57M

Contributions & grants (non-government)$2.90 $1.6M
Government grants$95.96 $55M
Program service revenue$0.26 $149K
Investment income$0.82 $466K
Other revenue$0.06 $31,968

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	90.0%	84.4%
Management & general Part IX 25(C) ÷ 25(A)	8.5%	13.4%
Fundraising Part IX 25(D) ÷ 25(A)	1.5%	0.8%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.02	$0.04
Contributions & grants share of revenue Part VIII 1h ÷ 12	98.9%	19.1%
Government grants share of revenue Part VIII 1e ÷ 12	96.0%	1.1%
Program service revenue share Part VIII 2g ÷ 12	0.3%	69.9%
Highest reported compensation Part VII-A, columns D–F	$287,161	$331,578
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.50%	1.28%
People paid over $100,000 Part VII, line 2	68	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	1.7	13.3
Independent voting board members Part VI 1a–1b	6 of 7	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$51M expenses · 100.0% of program spending · revenue $149K

Kipp Chicago Schools is a network of free, open-enrollment public charter schools offering a college preparatory education to students from chicago's most underserved communities. Today, Kipp Chicago Schools serves approximately 3,500 students at four primary and four middle schools in the austin, englewood, humboldt park, and north lawndale communities. Kipp Chicago Schools also supports over 2,500 kipp alumni through its kipp forward program. Far surpassing local norms, 89% of alumni have completed high school and 66% have matriculated to college. Kipp aspires to grow its impact in chicago

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
EXECUTIVE DIRECTOR - TERM Director/trustee, officer, 40.00 hrs/week	$273,198	$0	$13,963	$287,161
SUPERINTENDENT Highest compensated employee, 40.00 hrs/week	$217,919	$0	$26,271	$244,190
VP OF GROWTH STRATEGY & DEVELOPMENT Highest compensated employee, 40.00 hrs/week	$213,865	$0	$11,291	$225,156
VP OF OPERATIONS Officer, 40.00 hrs/week	$191,845	$0	$26,208	$218,053
HEAD OF SCHOOLS & EXECUTIVE DIRECTOR Officer, 40.00 hrs/week	$202,208	$0	$14,927	$217,135
HEAD OF TALENT Highest compensated employee, 40.00 hrs/week	$191,670	$0	$17,107	$208,777
HEAD OF SCHOOLS Highest compensated employee, 40.00 hrs/week	$172,644	$0	$12,194	$184,838
SCHOOL LEADER Highest compensated employee, 40.00 hrs/week	$167,372	$0	$15,219	$182,591

68 people received more than $100,000 in reportable compensation from KIPP Chicago Schools (Part VII, line 2). Compensation of current officers, directors and key employees totaled $514K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$57M	$57M	90.0%	$8.2M	$287,161
FY2024 ⓘ	$55M	$53M	82.0%	$8.5M	$269,632
FY2023 ⓘ	$49M	$49M	81.8%	$6.6M	$253,624
FY2022 ⓘ	$46M	$47M	84.1%	$6.6M	$239,395
FY2021 ⓘ	$40M	$39M	80.7%	$6.9M	$218,286
FY2020 ⓘ	$35M	$34M	82.4%	$5.9M	$202,990

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b7 · 6 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13Yes
Document retention policy Part VI 14Yes
Independent process for top executive pay Part VI 15aYes
Board given the 990 before filing Part VI 11aYes
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4No
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bNo
Employees Part I, line 5537
Volunteers Part I, line 678

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

THE STEPPING STONES GROUP LLC Therapeutical services	$479,157
QUATRRO BUSINESS SUPPORT SERVICES INC Accounting/CFO services	$275,454
GLOBAL PSYCHOLOGICAL PLC Special education services	$233,843
GREAT MINDS Curriculum development	$192,210
NEW DIRECTIONS SOLUTIONS LLC Therapy services	$129,372

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to KIPP Chicago Schools totaling $366K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from KIPP Chicago Schools's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for KIPP Chicago Schools, you can publish a response that is linked from this page.

Report a correction Respond as KIPP Chicago Schools How this works

Similar-sized charities in this cause

Shady Side Academy
Pittsburgh, PA · revenue $57M · programs 71.8% · FY2025
Trustees of Thayer Academy
Braintree, MA · revenue $57M · programs 83.1% · FY2025
New Mexico State Univ Fdn
Las Cruces, NM · revenue $57M · programs 64.0% · FY2025
Uatx
Austin, TX · revenue $57M · programs 66.6% · FY2025
Kent School
Kent, CT · revenue $57M · programs 77.1% · FY2025

All education charities · Largest charities in Illinois

Questions people ask

How much of KIPP Chicago Schools's spending goes to programs?

In the fiscal year ending June 30, 2025, KIPP Chicago Schools reported that 90.0% of its $57.2 million in expenses went to program services, 8.5% to management and general and 1.5% to fundraising (Form 990, Part IX).

How much does KIPP Chicago Schools pay its top executive?

The largest total compensation KIPP Chicago Schools reported for one person in the fiscal year ending June 30, 2025 was $287,161, for the role of EXECUTIVE DIRECTOR - TERM (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does KIPP Chicago Schools get its money?

Of $56.8 million in revenue in the fiscal year ending June 30, 2025, 98.9% came from contributions and grants (including 96.0% from government grants) and 0.3% from program service revenue (Form 990, Part VIII).

Is KIPP Chicago Schools a registered charity?

The IRS lists EIN 30-0135927 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611209349302321 · read the filing · XML
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521339349308382 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349302236 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321319349306237 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349310836 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349301254 · read the filing

All filings for EIN 30-0135927: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.