Public Equity

Analysis

Public Equity is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Public Equity reported income of $2.3m and spending of $1.9m, spending 82% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $851k to $2.3m (+167%), an average of +63% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 89% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Public Equity 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 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Harvest Academy ($2.3m), Harness Community ($2.3m) and New York State Sheriffs Association Institute Inc ($2.3m).

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 $1.3m. At year end it held assets of $447k against liabilities of $43k, net assets of $404k. It reported 25 employees.