Grundy Livingston Kankakee Workforce Investment Board Inc

Analysis

Grundy Livingston Kankakee Workforce Investment Board Inc is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Grundy Livingston Kankakee Workforce Investment Board Inc reported income of $176k and spending of $177k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $170k to $176k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Grundy Livingston Kankakee Workforce Investment Board Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Lights of the Delta Inc ($176k), Penn High Building Trades Corp ($176k) and Leadership Pasadena Inc ($176k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (41% of expenses). Other salaries and wages came to $14k. At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 3 employees.