Executive Service Corps of Chicago

Analysis

Executive Service Corps of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1978, 48 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 2022, Executive Service Corps of Chicago reported income of $1.2m and spending of $620k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $4.6m to $1.2m (-73%), an average of -36% a year. The sharpest change came in the year to December 2022, when income rose by 159%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Executive Service Corps of Chicago sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Lower Pioneer Valley Educational Corporation ($1.2m), Montclair Center Corporation ($1.2m) and Seattle Neighborhood Group ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $150k (24% of expenses). Other salaries and wages came to $131k. At year end it held assets of $1.9m against liabilities of $31k, net assets of $1.9m. It reported 6 employees.