Chicago Women in Trades

Analysis

Chicago Women in Trades is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1984, 42 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 June 2023, Chicago Women in Trades reported income of $3.6m and spending of $3.2m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $3.6m (+124%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Women in Trades sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Lsu Alumni Association ($3.6m), Louisiana High School Athletic Assn ($3.6m) and A D E P T Programs Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $100k (3.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.3m against liabilities of $484k, net assets of $1.8m. It reported 19 employees.