Conscience Community Network LLC

Analysis

Conscience Community Network LLC is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, 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 June 2023, Conscience Community Network LLC reported income of $2.7m and spending of $2.5m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.7m (+51%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Conscience Community Network LLC sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Cherish Families ($2.7m), Greater Green Bay Chamber of Commerce Foundation Inc ($2.7m) and California Emerging Technology Fund ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $296k. At year end it held assets of $2.0m against liabilities of $1.0m, net assets of $995k. It reported 5 employees.