Electrical and Computer Engineering Department Heads Association

Analysis

Electrical and Computer Engineering Department Heads Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Electrical and Computer Engineering Department Heads Association reported income of $1.1m and spending of $1.1m, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $356k to $1.1m (+209%), an average of +33% a year. The sharpest change came in the year to August 2020, when income rose by 181%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Electrical and Computer Engineering Department Heads Association 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 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Prescott House ($1.1m), Maurice Barnett Geriatric Wellness Center Inc ($1.1m) and Healing Strides of Va ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $770k against liabilities of $323k, net assets of $448k.