Babe Satalic Ironworkers Local 1 Charitable TR

Analysis

Babe Satalic Ironworkers Local 1 Charitable TR is a registered charity in United States, based in Forest Park, IL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 January 2024, Babe Satalic Ironworkers Local 1 Charitable TR reported income of $78k and spending of $57k, leaving 27% of income unspent that year. Across the 2 years on record, from January 2023 to January 2024, income grew from $51k to $78k (+53%), an average of +53% a year. The sharpest change came in the year to January 2024, when income rose by 53%. Over the whole period it spent 110% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Babe Satalic Ironworkers Local 1 Charitable TR sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Saved by Gods Grace Inc ($78k), Reprogramming Foundation ($78k) and Ithaca Area United Jewish Community Inc ($78k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 116% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.