Chicago Workers Collaborative

Analysis

Chicago Workers Collaborative is a registered charity in United States, based in Waukegan, IL. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Chicago Workers Collaborative reported income of $4.3m and spending of $2.7m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $839k to $4.3m (+417%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Workers Collaborative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include More Good Foundation ($4.3m), Mt Mansfield Ski Club & Academy Inc ($4.3m) and Algoma Christian School ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $98k (3.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.3m against liabilities of $535, net assets of $4.3m. It reported 39 employees.