Chicago Debate Commission
Analysis
Chicago Debate Commission is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2010, 16 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 June 2023, Chicago Debate Commission reported income of $1.0m and spending of $1.3m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $855k to $1.0m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Debate Commission sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Friends of Namal Inc ($1.0m), Armenian Community Center of Greater Detroit ($1.0m) and Educating 4 Leadership ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 112% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $216k (16% of expenses). Other salaries and wages came to $502k. At year end it held assets of $1.1m against liabilities of $434k, net assets of $618k. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 5.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Namal Inc | Houston | $1.0m |
| Armenian Community Center of Greater Detroit | Dearborn | $1.0m |
| Educating 4 Leadership | Fairbanks | $1.0m |
| Accreditation Commission for Acupuncture and Oriental Medicine | Excelsior | $1.0m |