Chicago Engineers Foundation of the Union League Club

Analysis

Chicago Engineers Foundation of the Union League Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chicago Engineers Foundation of the Union League Club reported income of $216k and spending of $202k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $216k to $216k (-0.2%), an average of -0.1% a year. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chicago Engineers Foundation of the Union League Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Fourth Man Foundation Inc ($216k), Asi-Austin Texas Inc ($216k) and Reed Construction Foundation ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). At year end it held assets of $447k against liabilities of $12k, net assets of $436k. It reported 1 employees.