The 100 Club of Illinois

Analysis

The 100 Club of Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1967, 59 years ago. 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, The 100 Club of Illinois reported income of $1.9m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $1.9m (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The 100 Club of Illinois sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Sons of Confederate Veterans Inc ($1.9m), Boys and Girls Club of Laredo Inc ($1.9m) and Yocum Family Perpetual Charitable TR ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $193k (10% of expenses). Other salaries and wages came to $306k. At year end it held assets of $11.9m against liabilities of $91k, net assets of $11.8m. It reported 6 employees.