826chi Inc NFP

Analysis

826chi Inc NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, 826chi Inc NFP reported income of $1.1m and spending of $1.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $824k to $1.1m (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2023, when income rose by 148%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 826chi Inc NFP sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include A Fathers Place ($1.1m), Organizing Roots Inc ($1.1m) and Arapahoe Warrior Booster Organization ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $565k. At year end it held assets of $224k against liabilities of $50k, net assets of $174k. It reported 16 employees.