Gujarati Samaj Chicago

Analysis

Gujarati Samaj Chicago is a registered charity in United States, based in Hoffman Est, IL. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, Gujarati Samaj Chicago reported income of $71k and spending of $54k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $71k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 517%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gujarati Samaj Chicago sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Friends of Los Alamos County Libraries ($71k), Kids Cant Fight Cancer Alone Inc ($71k) and Seal Family Legacy Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $333k against liabilities of $0, net assets of $333k.