Leadership Greater Chicago Inc

Analysis

Leadership Greater Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Leadership Greater Chicago Inc reported income of $2.4m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Greater Chicago Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Families Planning Association of Puerto Rico ($2.4m), Mid Cape Church Homes Inc ($2.4m) and The Washington Legal Clinic for the Homeless Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $944k (40% of expenses). Other salaries and wages came to $314k. At year end it held assets of $4.2m against liabilities of $345k, net assets of $3.8m. It reported 9 employees.