Karl Perl Charitable TR

Analysis

Karl Perl Charitable TR is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Karl Perl Charitable TR reported income of $315k and spending of $300k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $315k (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Karl Perl Charitable TR sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Olde Worthington Business Association ($315k), Local 470 Apprenticeship Fund ($315k) and Advanced Employment Group ($314k).

At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.