Center for Disability and Elder Law Inc

Analysis

Center for Disability and Elder Law Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Center for Disability and Elder Law Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $776k to $1.5m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Disability and Elder Law Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include The Montessori Foundation Incorporated ($1.5m), Crossroads Community Services Inc ($1.5m) and Metropolitan Section Pga Foundation Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $116k (7.8% of expenses). Other salaries and wages came to $931k. At year end it held assets of $1.2m against liabilities of $281k, net assets of $939k. It reported 20 employees.