Current Innovation NFP

Analysis

Current Innovation NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Current Innovation NFP reported income of $2.0m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $863k to $2.0m (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 86% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Current Innovation NFP 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 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Nahant Marsh Education Center ($2.0m), Friends of the Water Conservationgarden ($2.0m) and Advocates for the West Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $244k (15% of expenses). Other salaries and wages came to $500k. At year end it held assets of $2.0m against liabilities of $155k, net assets of $1.9m.