Pilsen Neighbors Community Council

Analysis

Pilsen Neighbors Community Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pilsen Neighbors Community Council reported income of $1.0m and spending of $893k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $1.0m (+194%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pilsen Neighbors Community Council sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Kentucky Mountain Housing Development Corporation Inc ($1.0m), Triform Camphill Community Foundati on ($1.0m) and Joyeux Foundation US ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $123k (14% of expenses). Other salaries and wages came to $442k. At year end it held assets of $1.9m against liabilities of $21k, net assets of $1.8m. It reported 14 employees.