Greater Chicago Food Depository

Analysis

Greater Chicago Food Depository is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1978, 48 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2024, Greater Chicago Food Depository reported income of $275.9m and spending of $261.2m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $205.9m to $275.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Chicago Food Depository sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IL. Charities of a similar size with the same main cause include Second Harvest Heartland ($260.5m), Pride Industries ($279.8m) and Far Northern Coordinating Council on Developmental Disabilities ($258.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $2.3m (0.9% of expenses). Other salaries and wages came to $20.6m. It paid $283k in professional fundraising fees. At year end it held assets of $222.1m against liabilities of $8.7m, net assets of $213.4m. It reported 368 employees.