Chicago Sky Cares

Analysis

Chicago Sky Cares is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2008, 18 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 December 2023, Chicago Sky Cares reported income of $600k and spending of $737k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $600k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Sky Cares sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Humorology Inc ($600k), South Wilson Fire Company ($600k) and Davids Chair Outdoor Mobility Systems ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.