The First Tee of Chicago Foundation

Analysis

The First Tee of Chicago Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2001, 25 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 December 2023, The First Tee of Chicago Foundation reported income of $2.0m and spending of $1.7m, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $697k to $2.0m (+181%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 281%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The First Tee of Chicago Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Arizona Soccer Club United Inc ($2.0m), Commission on Accreditation of Athletic Training Education ($2.0m) and Louisiana Fire Soccer Club ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 11% of the total. Other salaries and wages came to $857k. At year end it held assets of $3.5m against liabilities of $15k, net assets of $3.5m. It reported 81 employees.