Jane Addams Development Corporation

Analysis

Jane Addams Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, 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 Development Corporation reported income of $714k and spending of $740k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.0m to $714k (-31%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 79% 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 Development Corporation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Hartley Dodge Foundation ($714k), Nourish Nantucket Inc ($715k) and Hawaii Alliance for Progressive Action ($714k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.3m.