Civic Federation

Analysis

Civic Federation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1941, 85 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Civic Federation reported income of $1.7m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.3m to $1.7m (-24%), an average of -6.7% a year. The sharpest change came in the year to September 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Civic Federation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Towner County Hospital Authority ($1.7m), Western Wisconsin Workforce Development Board Inc ($1.7m) and Mammoth Lakes Foundation ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $684k (36% of expenses). Other salaries and wages came to $584k. At year end it held assets of $4.9m against liabilities of $496k, net assets of $4.4m. It reported 16 employees.