Chicago Training Center

Analysis

Chicago Training Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 August 2023, Chicago Training Center reported income of $180k and spending of $392k, spending 218% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $259k to $180k (-31%), an average of -17% a year. The sharpest change came in the year to August 2022, when income rose by 192%. Over the whole period it spent 61% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Training Center sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Patriot Football Foundation ($180k), Coeur Dalene American Legion Baseball Inc ($180k) and Force High School Athletics Inc ($180k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $107k. At year end it held assets of $573k against liabilities of $18k, net assets of $555k. It reported 8 employees.