Center for Technology and Civic Life

Analysis

Center for Technology and Civic Life is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 January 2024, Center for Technology and Civic Life reported income of $10.2m and spending of $22.9m, spending 224% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income grew from $3.4m to $10.2m (+200%), an average of +32% a year. The sharpest change came in the year to January 2021, when income rose by 10364%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Technology and Civic Life sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Bellevue Boys & Girls Club ($10.2m), Loretto Literary & Benevolent Institution ($10.2m) and St Vincent Family Centers ($10.2m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 83% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $765k (3.3% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $74.6m against liabilities of $1.9m, net assets of $72.6m. It reported 52 employees.