Serve and Return Chicago

Analysis

Serve and Return Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1950, 76 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Serve and Return Chicago reported income of $87k and spending of $106k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $87k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 130% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Serve and Return Chicago sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Leander Spartans Track Club ($87k), Lawrence Hockey Club Inc ($87k) and Polo Training Center Santa Barbara ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.