Chicago Duplicate Bridge Inc

Analysis

Chicago Duplicate Bridge Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2015, 11 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, Chicago Duplicate Bridge Inc reported income of $75k and spending of $82k, spending 109% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $242k to $75k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Duplicate Bridge Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Committed Christian Outdoors ($75k), Friends of Section 9 Wrestling ($75k) and South Fayette Township Youth Football Association ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.