Illinois Legislative Black Caucus Foundation

Analysis

Illinois Legislative Black Caucus Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Legislative Black Caucus Foundation reported income of $812k and spending of $1.0m, spending 127% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $248k to $812k (+228%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 80% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Illinois Legislative Black Caucus Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include FPC Action Foundation ($812k), Michigan Indian Legal Services Inc ($812k) and The Lily Pad Sane Center Inc ($811k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $185k (18% of expenses). At year end it held assets of $1.0m against liabilities of $39k, net assets of $1000k. It reported 2 employees.