Empower Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 78,717 | 73,143 | 5,574 | 0.9 | — |
| 2011 | 88,313 | 59,432 | 28,881 | 7.0 | — |
| 2012 | 211,137 | 70,657 | 140,480 | 29.7 | 8% |
| 2013 | 325,500 | 379,287 | −53,787 | 3.8 | 27% |
| 2014 | 685,240 | 543,643 | 141,597 | 5.8 | 53% |
| 2015 | 768,620 | 865,791 | −97,171 | 2.3 | 42% |
| 2016 | 945,981 | 1,042,414 | −96,433 | 0.8 | 48% |
| 2017 | 1,916,109 | 1,367,671 | 548,438 | 5.3 | 31% |
| 2018 | 50,898,902 | 41,319,177 | 9,579,725 | 3.0 | 3% |
| 2019 | 46,283,449 | 44,037,508 | 2,245,941 | 3.4 | 4% |
| 2020 | 45,895,922 | 40,907,437 | 4,988,485 | 5.1 | 6% |
| 2021 | 51,375,016 | 42,249,593 | 9,125,423 | 7.6 | 5% |
| 2022 | 54,261,503 | 53,735,497 | 526,006 | 6.1 | 4% |
| 2023 | 56,103,669 | 79,656,220 | −23,552,551 | 0.5 | 3% |
In its most recent public year (2023), this organization spent $23,552,551 more than it brought in. Its reserves stood at about 0.5 months of spending. Staff pay was 3% of spending. $9,926,821 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Empower Illinois's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works