Overview

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Est.

1976

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

IGNITE is a nonprofit organization dedicated to building community, hope, and opportunity for homeless youth by addressing their immediate needs and assisting them in achieving independence and stable housing. With an operating budget of $5 million and total revenue of $4.6 million for the 2024 fiscal year, IGNITE relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.ignitepromise.org.

Mission Statement

TO BUILD COMMUNITY, HOPE, AND OPPORTUNITY FOR YOUTH WHO ARE HOMELESS BY ADDRESSING THEIR IMMEDIATE NEEDS AND HELPING THEM ACHIEVE INDEPENDENCE AND STABLE HOUSING.
Revenues
$4.6M
Expenses
$5.1M
Net Income:
-$526.6K
Assets
$4.9M
Liabilities
$2.1M
Net Assets:
+$2.9M
Operating Budget
$5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
31
Median grant size
$15K
Largest grant received
$120K
S
Stephanie Piccirilli
Board Member
J
Jocelyn Woodards
Board Member
B
Bonnie Masterman
Board Member

Frequently Asked Questions

What is IGNITE’s budget?
In 2024, IGNITE reported an annual operating budget of around $5 million. More detailed financial information is available to registered users.
What causes does IGNITE support?
IGNITE supports work in Basic and emergency aid and Youth services.
Where does IGNITE operate?
IGNITE is headquartered in CHICAGO, IL.
Who funded IGNITE recently?
In 2025, IGNITE received grants from IMPACT GRANTS CHICAGO, EA FOUNDATION, and UNITED WAY OF METROPOLITAN CHICAGO INC. More information on this organization’s funders is available to registered users.
What is the largest grant IGNITE received in 2024?
The largest grant to IGNITE in 2024 exceeds $120 thousand.
What is IGNITE’s reliance on government grants?
IGNITE relied on government grants for more than 45% of their total revenue in 2024.