Chicago Committee on Minorities in Large Law Firms

Analysis

Chicago Committee on Minorities in Large Law Firms is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 December 2021, Chicago Committee on Minorities in Large Law Firms reported income of $142k and spending of $127k, spending 90% of its income. Across the 4 years on record, from June 2019 to December 2021, income fell from $322k to $142k (-56%), an average of -24% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 86% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Chicago Committee on Minorities in Large Law Firms sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Narcotics Enforcement Officers ($142k), Micah Legal Services Inc ($142k) and A Closer Look ($142k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $102k. At year end it held assets of $365k against liabilities of $6,500, net assets of $359k. It reported 2 employees.