Metropolitan Planning Council

Analysis

Metropolitan Planning Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1943, 83 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 December 2023, Metropolitan Planning Council reported income of $4.2m and spending of $4.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $4.2m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income dropped by 49%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Metropolitan Planning Council sits at the 91st percentile: it is larger than about 91% 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 Indianapolis Cultural Trail Inc ($4.2m), Franklin County Community ($4.2m) and The Womens Foundation for the State of Arizona ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $632k (14% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $17.9m against liabilities of $2.6m, net assets of $15.3m. It reported 32 employees.