Revolution Institute

Analysis

Revolution Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2021, 5 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 2023, Revolution Institute reported income of $255k and spending of $434k, spending 170% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $440k to $255k (-42%), an average of -24% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 51% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Revolution Institute sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Fairfield Building Trades Inc ($254k), Pike County Progress Partners Inc ($255k) and Grant Housing and Economic Development Corporation Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $171k (39% of expenses). Other salaries and wages came to $166k. At year end it held assets of $876k against liabilities of $22k, net assets of $854k. It reported 3 employees.