Empower Illinois

Analysis

Empower Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 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 December 2023, Empower Illinois reported income of $56.1m and spending of $79.7m, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.3m to $56.1m (+21%), an average of +4.9% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Empower Illinois sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Education for Change ($56.1m), Gilman School Inc ($56.1m) and Rye Country Day School ($56.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $1.2m (1.6% of expenses). Other salaries and wages came to $935k. It paid $42k in professional fundraising fees. At year end it held assets of $4.1m against liabilities of $470k, net assets of $3.6m. It reported 26 employees.