Joint Civic Committee of Italian Americans

Analysis

Joint Civic Committee of Italian Americans is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1965, 61 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Joint Civic Committee of Italian Americans reported income of $544k and spending of $407k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $274k to $544k (+98%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 449%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Joint Civic Committee of Italian Americans sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Muntu Dance Theatre ($543k), Little Theatre of Winston-Salem Inc ($544k) and Friends of Beauregard Keyes House Inc ($543k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.