Chatham Park South Cooperative

Analysis

Chatham Park South Cooperative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Chatham Park South Cooperative reported income of $2.5m and spending of $2.3m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.5m (+8.6%), an average of +2.1% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chatham Park South Cooperative sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Congregational Retirement Homes Inc ($2.5m), Community One Inc ($2.5m) and The Utica Center for Development ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $308k. At year end it held assets of $3.6m against liabilities of $5.6m, net assets of -$2.0m. It reported 9 employees.