Chicago Jobs Council

Analysis

Chicago Jobs Council is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 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 2024, Chicago Jobs Council reported income of $1.1m and spending of $1.5m, spending 128% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.3m to $1.1m (-15%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Jobs Council sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Passion & Fire Ministries Inc ($1.1m), New Heights of Northeast Florida Inc ($1.1m) and Gingham Giraffe Preschool Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $179k (12% of expenses). Other salaries and wages came to $749k. At year end it held assets of $1.5m against liabilities of $119k, net assets of $1.4m. It reported 18 employees.