Jane Addams Resource Corporation

Analysis

Jane Addams Resource Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1990, 36 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Jane Addams Resource Corporation reported income of $3.6m and spending of $3.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jane Addams Resource Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Human Resource Development Foundation Inc ($3.6m), North End Community Improvement Collaborative Inc ($3.6m) and Bastrop Economic Development Corporation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $409k (12% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.2m against liabilities of $939k, net assets of $2.2m. It reported 44 employees.