Equality Illinois Institute

Analysis

Equality Illinois Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Equality Illinois Institute reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $886k to $1.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equality Illinois Institute sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include For the Struggle Inc ($1.2m), Synergy Family Foster Care Inc ($1.2m) and Bright Beginnings ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $389k. At year end it held assets of $1.3m against liabilities of $123k, net assets of $1.2m.