American Business Immigration Coalition
Analysis
American Business Immigration Coalition is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, American Business Immigration Coalition reported income of $4.9m and spending of $4.0m, spending 80% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $250k to $4.9m (+1871%), an average of +170% a year. The sharpest change came in the year to December 2021, when income rose by 1356%. Over the whole period it spent 70% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Business Immigration Coalition sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Toledo Classic Inc ($4.9m), Swallow Hill Music Association ($4.9m) and Big Brothers Big Sisters of Central Ohio Inc ($4.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $345k (8.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $4.4m against liabilities of $89k, net assets of $4.3m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Toledo Classic Inc | Toledo | $4.9m |
| Swallow Hill Music Association | Denver | $4.9m |
| Big Brothers Big Sisters of Central Ohio Inc | Columbus | $4.9m |
| Free Will Baptist Childrens Home Inc | Middlesex | $4.9m |