West Side Forward NFP

Analysis

West Side Forward NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, West Side Forward NFP reported income of $878k and spending of $764k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $903k to $878k (-2.8%), an average of -0.9% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, West Side Forward NFP sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Sunshine Workshop Inc ($878k), Rotary Club 29 Foundation ($878k) and 100 Black Men of Metropolitian Baton Rouge ($878k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $123k (16% of expenses). At year end it held assets of $812k against liabilities of $309k, net assets of $503k. It reported 6 employees.