Mundelein Community Connection

Analysis

Mundelein Community Connection is a registered charity in United States, based in Mundelein, IL. It received its IRS tax-exemption ruling in August 1994, 32 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 January 2024, Mundelein Community Connection reported income of $154k and spending of $135k, spending 88% of its income. Across the 2 years on record, from January 2023 to January 2024, income fell from $159k to $154k (-3.4%), an average of -3.4% a year. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mundelein Community Connection sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Tranzed Apprenticeship Ventures Inc ($154k), Downtown Farmville ($154k) and Womens Venture Fund Inc ($154k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $102k against liabilities of $2,000, net assets of $100k.