Chicago Urban League Development Corporation

Analysis

Chicago Urban League Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chicago Urban League Development Corporation reported income of $826k and spending of $489k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $718k to $826k (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chicago Urban League Development Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Randallstown II Non-Profit Housing Corporation ($825k), Always Home Inc ($826k) and NHDC Cerny Village Apartments Inc ($825k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $343k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.