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The University of Chicago Charter School Corporation

Chicago, IL · EIN 36-4225812 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The University of Chicago Charter School Corporation reported $24.9 million in revenue and $23.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.39 went to program services, $14.61 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 98.2% of the total. Government grants made up 90.7%. The highest compensation it reported for one person was $2,189,928 (FORMER TREASURER (THRU 6/30/2021)). 22 people received more than $100,000 in reportable compensation. Revenue rose 26% 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 $23M

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 $25M

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.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
98.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
90.7%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$2,189,928$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
9.40%1.28%
People paid over $100,000
Part VII, line 2
228
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.313.3
Independent voting board members
Part VI 1a–1b
1 of 5100.0%

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
$20M expenses · 100.0% of program spending · revenue $443K

The organization operates three charter schools. Two elementary schools - donoghue and north kenwood/oakland; and one middle and high school - woodlawn

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER TREASURER (THRU 6/30/2021)
Former, 0.0 hrs/week
$0$1,934,030$255,898$2,189,928
FORMER Treasurer - Corporate Board (UNTIL 10/1/2023)
Former, 0.0 hrs/week
$0$1,500,000$0$1,500,000
TREASURER
Director/trustee, officer, 5.0 hrs/week
$0$811,668$116,703$928,371
Director (UNTIL 7/18/2025)
Director/trustee, officer, 5.0 hrs/week
$0$640,070$42,470$682,540
President (EFF. 1/23/25) & VP - Corporate Board
Director/trustee, officer, 7.0 hrs/week
$0$515,037$69,724$584,761
SECRETARY (EFF. 1/23/25) AND DIRECTOR - CORPORATE BOARD (EFF. 9/19/24)
Director/trustee, officer, 5.0 hrs/week
$0$417,782$68,368$486,150
President - Corporate Board (THRU 7/31/24)
Director/trustee, officer, 5.0 hrs/week
$0$270,830$29,373$300,203
CEO/Director
Key employee, 40.0 hrs/week
$249,271$0$24,832$274,103

22 people received more than $100,000 in reportable compensation from The University of Chicago Charter School Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $274K (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
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$25M$23M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$23M85.4%$16M$2,189,928
FY2024 ⓘ$25M$24M85.0%$14M$995,868
FY2023 ⓘ$23M$23M84.9%$13M$1,404,762
FY2022 ⓘ$22M$21M88.0%$13M$1,004,214
FY2021 ⓘ$20M$19M87.4%$13M$735,759
FY2020 ⓘ$20M$19M86.5%$10M$737,708

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–1b5 · 1 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 15aNo
  • 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 5252
  • Volunteers Part I, line 630

Private foundation grants it received

2 private foundations reported grants to The University of Chicago Charter School Corporation totaling $407 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 The University of Chicago Charter School Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The University of Chicago Charter School Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

How much of The University of Chicago Charter School Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, The University of Chicago Charter School Corporation reported that 85.4% of its $23.3 million in expenses went to program services, 14.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The University of Chicago Charter School Corporation pay its top executive?

The largest total compensation The University of Chicago Charter School Corporation reported for one person in the fiscal year ending June 30, 2025 was $2,189,928, for the role of FORMER TREASURER (THRU 6/30/2021) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The University of Chicago Charter School Corporation get its money?

Of $24.9 million in revenue in the fiscal year ending June 30, 2025, 98.2% came from contributions and grants (including 90.7% from government grants) and 1.8% from program service revenue (Form 990, Part VIII).

Is The University of Chicago Charter School Corporation a registered charity?

The IRS lists EIN 36-4225812 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202641349349304034 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349318662 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349305586 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349307270 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349303894 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131329349304313 · read the filing

All filings for EIN 36-4225812: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.