Illinois Aikido Club

Analysis

Illinois Aikido Club is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1968, 58 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Aikido Club reported income of $87k and spending of $74k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $87k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Aikido Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Izaak Walton League of America Inc ($87k), Iselin Chemical Hook and Ladder Volunteer Fire Co Inc ($87k) and New England Collegiate Baseball League Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 64% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.