The Committee of 200

Analysis

The Committee of 200 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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, The Committee of 200 reported income of $2.2m and spending of $2.5m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.2m (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Committee of 200 sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include New Community Harmony House Corporation ($2.2m), Chambers Co Council for Neglected & Dependent Children & Youth Inc ($2.2m) and Congregational Community Action Project Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $330k (13% of expenses). Other salaries and wages came to $503k. At year end it held assets of $8.0m against liabilities of $1.0m, net assets of $7.0m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.