Chicago Commons Association

Analysis

Chicago Commons Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Chicago Commons Association reported income of $51.5m and spending of $51.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.2m to $51.5m (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Commons Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include SBCS Corporation ($51.5m), Living Resources Corp ($51.6m) and Newbridge on the Charles Inc ($51.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $698k (1.4% of expenses). Other salaries and wages came to $20.5m. At year end it held assets of $23.5m against liabilities of $9.8m, net assets of $13.7m. It reported 824 employees.