Featherfist Development Corporation Npo

Analysis

Featherfist Development Corporation Npo is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Featherfist Development Corporation Npo reported income of $721k and spending of $830k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $866k to $721k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Featherfist Development Corporation Npo sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Notre Dame Senior Housing Corp ($721k), Edgewood Community Childcare and Learning Center ($721k) and The Salvation Army Stockton Residences Inc ($721k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 0.5% of the total. Other salaries and wages came to $113k. At year end it held assets of $1.2m against liabilities of $422k, net assets of $750k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.