United German American Societies of Greater Chicago Inc

Analysis

United German American Societies of Greater Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, United German American Societies of Greater Chicago Inc reported income of $548k and spending of $435k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $870k to $548k (-37%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 193%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, United German American Societies of Greater Chicago Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Womens Initiative for Self- Empowerment ($548k), Taikoarts Midwest ($548k) and Curious Comedy Productions ($548k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.