Career Transitions Center of Chicago

Analysis

Career Transitions Center of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover employment, 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 2024, Career Transitions Center of Chicago reported income of $377k and spending of $359k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $342k to $377k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Career Transitions Center of Chicago sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Black Eagle Civic Club ($377k), Park Partners of Fort Smith Inc ($377k) and New Horizon Emmaus Community Inc ($377k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $90k (25% of expenses). Other salaries and wages came to $70k. At year end it held assets of $286k against liabilities of $18k, net assets of $268k. It reported 5 employees.