Hoyne Street NFP

Analysis

Hoyne Street NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Hoyne Street NFP reported income of $132k and spending of $159k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $132k (-11%), an average of -11% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hoyne Street NFP sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Tewksbury Community Pantry Inc ($132k), Waano ($132k) and Goodland Churches Thrift Shop Inc ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. At year end it held assets of $3,254 against liabilities of $1,341, net assets of $1,913.