North Lawndale Employment Network

Analysis

North Lawndale Employment Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2000, 26 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 2023, North Lawndale Employment Network reported income of $9.3m and spending of $7.4m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $9.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Lawndale Employment Network sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Westerville Industry and Commerce Corpor ($9.3m), Southwest Mississippi Planning and Development District Inc ($9.3m) and Red Pot Los Derechos de LA Ninez Y Juventud de Puerto Rico Inc ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $343k (4.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $10.4m against liabilities of $3.2m, net assets of $7.2m. It reported 109 employees.