Corporate Accountability Lab

Analysis

Corporate Accountability Lab is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Corporate Accountability Lab reported income of $696k and spending of $600k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $696k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Corporate Accountability Lab sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Thy Bread Foundation ($696k), Friendship Ministries ($696k) and American Friends of the Centre Pompidou Inc ($694k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $74k (12% of expenses). Other salaries and wages came to $313k. At year end it held assets of $808k against liabilities of $2,561, net assets of $805k. It reported 8 employees.