Chicago Fair Trade

Analysis

Chicago Fair Trade is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chicago Fair Trade reported income of $251k and spending of $270k, spending 108% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $178k to $251k (+41%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Fair Trade sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Miss Arkansas Scholarship Foundation Inc ($251k), Sports in Schools ($251k) and Cosumnes Oaks High School Wolfpack Boosters ($251k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). Other salaries and wages came to $70k. At year end it held assets of $110k against liabilities of $10k, net assets of $100k. It reported 6 employees.