Community Development Institute

Analysis

Community Development Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1997, 29 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, Community Development Institute reported income of $2.6m and spending of $2.8m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.6m (+17%), an average of +5.3% a year. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Development Institute sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Workshop of Davidson Incorporated ($2.6m), Michigan Baseball Foundation Inc ($2.6m) and Advancement Services of Jones Co ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.1m against liabilities of $1.8m, net assets of $332k.