Institute For Work and the Economy A Not-for-profit Corporation
Only null% goes to programs Thin reserves Growing revenue
Institute For Work and the Economy A Not-for-profit Corporation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2001, with $104,340 in FY2023 revenue. CharityIndex grades it D.
203 N Lasalle Street, Chicago, IL, 60601 EIN 36-4389954 Since 2001
Revenue (FY2023)
$104K
▲ 82.8% vs prior year
Community median: $184K
Expenses (FY2023)
$103K
Net assets
-$38K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Institute For Work and the Economy A Not-for-profit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +2% margin
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 Institute For Work and the Economy A Not-for-profit Corporation: 0 mo reserves · +2% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Institute For Work and the Economy A Not-for-profit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Institute For Work and the Economy A Not-for-profit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 203 N Lasalle Street, Chicago, IL, 60601
- City
- Chicago
- State
- Illinois
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $73K (FY2011) to $104K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $93KNet assets -$38K
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55K
Total liabilities
$93K
Net assets
-$38K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $104,340▲82.8% | $102,683▲51.5% | -$38,070▲4.2% | $54,985▲706% | 990EZ |
| 2022 | $57,078▲51.2% | $67,796▲57.9% | -$39,727▼36.9% | $6,824▼29.8% | 990EZ |
| 2021 | $37,745▼49.9% | $42,932▼54.3% | -$29,009▲20.6% | $9,723▲12.1% | 990EZ |
| 2018 | $75,406▼31.9% | $94,038▼48.4% | -$36,530▼104% | $8,673▲28.9% | 990EZ |
| 2017 | $110,792▲19.5% | $182,194▲447% | -$17,898▼133% | $6,727▼90.9% | 990EZ |
| 2016 | $92,682▼27.0% | $33,278▼76.4% | $53,504▲1007% | $73,765▲46.5% | 990EZ |
| 2015 | $126,923▲182% | $141,064▲317% | -$5,900▼172% | $50,354▲16.5% | 990EZ |
| 2014 | $45,024▼4.4% | $33,830▼15.4% | $8,241▲379% | $43,225▲695% | 990EZ |
| 2013 | $47,088▲5.9% | $39,978▼27.1% | -$2,955▲70.6% | $5,438▲2.5% | 990EZ |
| 2012 | $44,468▼39.0% | $54,854▼21.4% | -$10,065▼3226% | $5,303▼73.9% | 990EZ |
| 2011 | $72,950 | $69,773▼83.7% | $322▲114% | $20,283▼82.4% | 990EZ |
| 2010 | — | $429,166 | -$2,244 | $115,142 | 990 |
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.
Grants received · $14K total
1 grant to Institute For Work and the Economy A Not-for-profit Corporation totaling $14K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Aspen Institute Inc | To support skills for americas future including identifying a team of innovators in "earn and learn" policies | 2015 | $14,000 |
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Frequently asked questions
- Is Institute For Work and the Economy A Not-for-profit Corporation a legitimate nonprofit?
- Yes. Institute For Work and the Economy A Not-for-profit Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4389954, based in Chicago, Illinois. Donations are tax-deductible.
- What is Institute For Work and the Economy A Not-for-profit Corporation's EIN?
- Institute For Work and the Economy A Not-for-profit Corporation's Employer Identification Number (EIN) is 36-4389954.
- How much revenue does Institute For Work and the Economy A Not-for-profit Corporation report?
- Institute For Work and the Economy A Not-for-profit Corporation reported $104,340 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Institute For Work and the Economy A Not-for-profit Corporation have?
- CharityIndex grades Institute For Work and the Economy A Not-for-profit Corporation D, based on financial health (reserves and operating margin).
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Data for Institute For Work and the Economy A Not-for-profit Corporation (EIN 36-4389954) 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.