Chicag0-Lawndale Amachi Mentoring Program Lamp

Analysis

Chicag0-Lawndale Amachi Mentoring Program Lamp is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Chicag0-Lawndale Amachi Mentoring Program Lamp reported income of $456k and spending of $274k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $452k to $456k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chicag0-Lawndale Amachi Mentoring Program Lamp 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 69th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Solid Foundation Skatepark Inc ($456k), Youth for Christ USA Inc ($456k) and Harper for Kids ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $126k (46% of expenses). At year end it held assets of $886k against liabilities of $38k, net assets of $848k. It reported 3 employees.