Equity and Transformation

Analysis

Equity and Transformation is a registered charity in United States, based in Berwyn, IL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, Equity and Transformation reported income of $3.5m and spending of $1.5m, leaving 58% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income grew from $1.8m to $3.5m (+102%), an average of +42% a year. The sharpest change came in the year to July 2023, when income rose by 60%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Equity and Transformation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Norwegian Lutheran Bethesda Home Association ($3.5m), Medina County Agricultural Society ($3.5m) and Shalom Center of Interfaith Network of Kenosha County Inc ($3.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $122k (8.3% of expenses). Other salaries and wages came to $400k. At year end it held assets of $5.0m against liabilities of $7,574, net assets of $5.0m. It reported 11 employees.