Crain's Chicago Business
by Jeremy Mullman
Chicago's bloated non-profit sector is undergoing a big
shakeout, with 270 organizations folding their tents since the
start of last year, according to the Illinois
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attorney general's office. And the closure rate appears to be
accelerating, with 74 groups shutting down in March alone.
Local non-profits have been warning that a struggling corporate
sector, shrinking foundation portfolios and a state budget...
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