Center for Independent Futures

Analysis

Center for Independent Futures is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Center for Independent Futures reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Independent Futures sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Brighton Properties Inc ($1.8m), Community Child Care Services Inc ($1.8m) and Lemay Child and Family Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $921k. At year end it held assets of $1.6m against liabilities of $202k, net assets of $1.3m. It reported 30 employees.