Iff
333 S Wabash Ave Ste 2800, Chicago, IL · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $62,525,991 | $61,504,665 | $193,272,572 |
| FY2024 | $134,604,883 | $73,001,008 | $197,523,634 |
| FY2023 | $102,836,770 | $96,465,275 | $148,372,197 |
| FY2022 | $64,193,835 | $60,208,929 | $145,319,594 |
| FY2021 | $81,768,477 | $60,965,605 | $144,237,779 |
| FY2020 | $66,930,783 | $48,794,353 | $123,008,098 |
| FY2019 | $42,753,567 | $40,041,254 | $104,871,668 |
| FY2018 | $43,463,005 | $36,721,552 | $102,159,185 |
| FY2017 | $46,583,272 | $34,834,075 | $95,417,531 |
| FY2016 | $30,072,912 | $28,723,488 | $82,674,780 |
| FY2015 | $29,195,957 | $24,519,085 | $82,785,290 |
| FY2014 | $25,545,793 | $23,211,842 | $78,341,527 |
| FY2013 | $29,001,094 | $19,298,661 | $78,671,320 |
| FY2012 | $41,081,787 | $19,947,638 | $70,574,261 |
Form 990 filings
The returns filed by Iff (EIN 36-3656836), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $8,439,434 | 13% |
| Program service revenue | $48,592,552 | 78% |
| Other revenue | $5,494,005 | 9% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $56,932,236 | 93% |
| Management & general | $4,017,073 | 7% |
| Fundraising | $555,356 | 1% |
What the numbers show
- Program service revenue made up 78% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 1%.
- 93% of functional expenses went to program services in FY2025. That is higher than 85.7% of 21 Community Improvement & Capacity Building organizations in IL.
- Net assets covered about 37.7 months of expenses at the end of the reporting year. That puts it in the 75th percentile among 977 Community Improvement & Capacity Building organizations in IL.
- Total revenue was higher than 99.6% of 1006 Community Improvement & Capacity Building organizations in IL.
- Total revenue rose from $41,081,787 in FY2012 to $62,525,991 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- The highest revenue on record here is $134,604,883 in FY2024.
- Net assets grew from $70,574,261 to $193,272,572 between FY2012 and FY2025.
- Contributions and grants made up 73% of revenue in FY2012 and 14% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IFF leverages knowledge, capital, and resources to advance equitable and transformational outcomes in under-resourced communities, guided by our commitment to be an inclusive, anti-racist and anti-oppressive institution that honors communities as asset-rich and as experts in their own stories.
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | S500 — Community Improvement & Capacity Building |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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