Little Village Community Foundation Corp

Analysis

Little Village Community Foundation Corp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover employment, 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, Little Village Community Foundation Corp reported income of $888k and spending of $821k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $888k (+262%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 835%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Little Village Community Foundation Corp 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 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Stein Senior Center Inc ($888k), Greater Grand Junction Sports Commission ($888k) and Southside Together Organizing for Power ($887k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $207k. At year end it held assets of $3.7m against liabilities of $1.1m, net assets of $2.6m. It reported 4 employees.