Greencorps Chicago

Analysis

Greencorps Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2019, 7 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 (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 2022, Greencorps Chicago reported income of $1.7m and spending of $1.6m, spending 96% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $1.3m to $1.7m (+28%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 69% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Greencorps Chicago sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Southside Institutions Neighborhood Alliance Inc ($1.7m), Hourglass Project ($1.7m) and National Council of Jewish Women Incorporated ($1.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $73k (4.4% of expenses). At year end it held assets of $936k against liabilities of $0, net assets of $936k. It reported 1 employees.