Cabrini Green Lac Community Development Corporation

Analysis

Cabrini Green Lac Community Development Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2020, Cabrini Green Lac Community Development Corporation reported income of $279k and spending of $90k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $279k to $279k (+0.0%), an average of +0.0% a year. Over the whole period it spent 27% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cabrini Green Lac Community Development Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Ucc Xxiv Inc ($278k), United Church Residences of Holly Springs Mississippi Inc ($279k) and Homesteading and Urban Redevelopment Corporation ($278k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $20.7m against liabilities of $14.5m, net assets of $6.2m. It reported 6 employees.