Greater West Town Community Development Project

Analysis

Greater West Town Community Development Project is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1994, 32 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, Greater West Town Community Development Project reported income of $6.6m and spending of $6.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $6.6m (+59%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greater West Town Community Development Project sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include The Commonwealth Club - World Affairs of California ($6.6m), Gladney Fund ($6.7m) and Dna-Peoples Legal Services Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $11.8m against liabilities of $2.3m, net assets of $9.5m. It reported 66 employees.