Chicagoland Italian American

Analysis

Chicagoland Italian American is a registered charity in United States, based in Bloomingdale, IL. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Chicagoland Italian American reported income of $137k and spending of $106k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $126k to $137k (+8.6%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicagoland Italian American sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Clovis Municipal Schools Foundation Inc ($137k), Lake Belton Band Boosters ($137k) and Hands of Grace Worldwide ($137k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 43% and program service revenue 17% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.