Chicago Women in Ip

Analysis

Chicago Women in Ip is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2015, 11 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 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, Chicago Women in Ip reported income of $135k and spending of $57k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $135k (+107%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chicago Women in Ip sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Oakland Peace Center ($135k), Junior League of Savannah Inc ($136k) and Lowry Foundation ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $157k against liabilities of $0, net assets of $157k.