Community Chest of Cicero

Analysis

Community Chest of Cicero is a registered charity in United States, based in Cicero, IL. It received its IRS tax-exemption ruling in August 1945, 81 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Community Chest of Cicero reported income of $142k and spending of $125k, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $164k to $142k (-13%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Chest of Cicero sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Womans Club ($142k), Discover the Real West Virginia Foundation Inc ($142k) and Hope for People Ministries ($142k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% of the total. Other salaries and wages came to $59k. At year end it held assets of $489k against liabilities of $3,087, net assets of $486k. It reported 3 employees.