Obama and his wife, Michelle, reported taxable income of $983,826 in 2006, down from $1.6 million in 2005.
The big difference involves two book deals Obama signed before entering the Senate in 2005, one involving advances for three volumes Obama agreed to write for Random House and the other paying residuals for the re-release of his 1995 autobiography, Dreams From My Father.
The book deals netted Obama more than $1.2 million in 2005, but only $506,618 in 2006.
Obama earned $157,082 in Senate salary and his wife earned $273,618 from the University of Chicago Hospitals where she works as an administrator.
Michelle Obama also earned $51,200 in fees from her work on the board of directors of Westchester-based Treehouse Foods.
The Obamas gave $60,307 to charity.
The largest gift was $22,500 to Trinity United Church of Christ, the South Side congregation they have long attended.
Another $13,107 went to the Congressional Black Caucus, with $15,000 directed to CARE, an international aid organization that fights hunger, poverty and disease in the third world.
They also gave $5,000 to the Muntu Dance Theater, a south side troupe that performs contemporary and ancient African dances.
What about Hillary Clinton?
