Chicago Glider Club

Analysis

Chicago Glider Club is a registered charity in United States, based in Minooka, IL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chicago Glider Club reported income of $105k and spending of $79k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $105k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Glider Club sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Lakeside Swim Club Corp ($105k), Palmer Soccer Club ($105k) and Waupaca Curling Club Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $606k against liabilities of $35k, net assets of $571k.