Skip to the page content
Check before you give

Institue of Internal Auditors

EIN 23-7408092 · Chicago, IL

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE IIA - CHICAGO CHAPTER IS A PROFESSIONAL ORGANIZATION DEDICATED TO SERVING ITS MEMBERS THROUGH ACTIVITIES SUCH AS PROFESSIONAL TRAINING EDUCATION, INTERNAL AUDIT THOUGHT LEADERSHIP, AND THE ADVANCEMENT OF THE INTERNAL AUDIT PROFESSION.

Income
$394,472
Spending
$426,312
Employees
0
Volunteers
100

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $227,439 spent. ANNUALLY, THE IIA CHICAGO CHAPTER HOSTS ITS ANNUAL SEMINAR WHICH IS A FULL DAY OF PROFESSIONAL EDUCATION COURSES IN THE INTERNAL AUDIT FIELD. MEMBERS AND NON-MEMBERS ARE REQUIRED TO PAY A SET REGISTRATION FEE FOR THESE COURSES, FOR WHICH PARTICIPANTS RECEIVE CONTINUING PROFESSIONAL EDUCATION (CPE) CREDITS, WHICH ARE A REQUIREMENT OF MANY COMPANIES AND CERTIFICATION ORGANIZATIONS, SUCH AS THE AICPA, THE IIA AND ISACA.
  2. $30,597 spent. THROUGHOUT THE YEAR, THE IIA CHICAGO HOSTS A NUMBER OF EDUCATIONAL SESSIONS AND NETWORKING EVENTS FOR ITS MEMBERS. THE GOAL OF THESE SEMINARS AND EVENTS IS TO PROMOTE OUR PROFESSIONL AND ALSO GIVE TRAINING AND SUPPLEMENTAL EDUCATION TO OUR MEMBERS IN THE FORM OF CPE CREDITS.

Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending May 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.