Education Foundation of the Ccim Institute

Analysis

Education Foundation of the Ccim Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1991, 35 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Education Foundation of the Ccim Institute reported income of $150k and spending of $637k, spending 424% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $441k to $150k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Education Foundation of the Ccim Institute sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Ubuntu Community Catalyst Inc ($150k), Symphony Workforce Foundation ($150k) and Ocean Parkway Community Development ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 259% of the total. Other salaries and wages came to $131k. At year end it held assets of $6.7m against liabilities of $53k, net assets of $6.6m.