Chicago Rabbinical Council Inc

Analysis

Chicago Rabbinical Council Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Chicago Rabbinical Council Inc reported income of $6.4m and spending of $5.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $6.4m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chicago Rabbinical Council Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Baptist Church Loan Corporation ($6.4m), Cornerstone Franciscan Ministries Inc ($6.4m) and Avant Garde Academy Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $592k (10% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $7.5m against liabilities of $3.7m, net assets of $3.8m. It reported 29 employees.