South Chicago Parents and Friends Inc

Analysis

South Chicago Parents and Friends Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, South Chicago Parents and Friends Inc reported income of $3.2m and spending of $2.5m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.2m (+12%), an average of +4.0% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, South Chicago Parents and Friends Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Na Wahine Toa Foundation ($3.2m), Benefits in Action ($3.2m) and Child First Authority Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $145k (5.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $881k, net assets of $3.0m. It reported 50 employees.