George E Ely Unitrust is a 501(c)(3) organization based in Chicago, Illinois, registered in 2020, with $678,695 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$679K
▲ 81.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$539K
Net assets
$6.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for George E Ely Unitrust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For George E Ely Unitrust: 153 mo reserves · +21% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for George E Ely Unitrust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For George E Ely Unitrust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $650K (FY2017) to $679K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
20.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.9M
Total liabilities
$0
Net assets
$6.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $678,695▲81.4% | $539,245▲8.4% | $6,868,114▲1.6% | $6,868,114▲1.6% | 990PF |
| 2023 | $374,153▲62.3% | $497,572▼18.2% | $6,758,337▼1.8% | $6,758,337▼1.8% | 990PF |
| 2022 | $230,570▼61.8% | $608,576▼21.1% | $6,883,684▼5.2% | $6,883,684▼5.2% | 990PF |
| 2021 | $603,817▲26.4% | $771,442▲36.4% | $7,260,270▼2.3% | $7,260,270▼2.3% | 990PF |
| 2020 | $477,636▼21.9% | $565,717▲15.7% | $7,428,814▼1.2% | $7,428,814▼1.2% | 990PF |
| 2019 | $611,672▲18.1% | $488,997▼6.8% | $7,517,158▲1.7% | $7,517,158▲1.7% | 990PF |
| 2018 | $517,816▼20.3% | $524,917▲12.1% | $7,394,995▼0.2% | $7,394,995▼0.2% | 990PF |
| 2017 | $649,921 | $468,450 | $7,409,152 | $7,409,152 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for George E Ely Unitrust (EIN 74-6183496) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.