Institute for Clinical Social Work

Analysis

Institute for Clinical Social Work is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Institute for Clinical Social Work reported income of $1.6m and spending of $2.0m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+12%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Clinical Social Work 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 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Khalsa Montessori Primary School ($1.6m), Far and Wise Inc ($1.6m) and Hillsboro Christian Academy ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $521k (26% of expenses). Other salaries and wages came to $297k. At year end it held assets of $1.4m against liabilities of $398k, net assets of $1.0m. It reported 62 employees.