Chicago Area Fair Housing Alliance

Analysis

Chicago Area Fair Housing Alliance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 September 2023, Chicago Area Fair Housing Alliance reported income of $842k and spending of $713k, spending 85% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $367k to $842k (+129%), an average of +32% a year. The sharpest change came in the year to September 2023, when income rose by 56%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Area Fair Housing Alliance sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Clinton Soccer Association ($842k), Three Rivers College Foundation ($842k) and United Way for South Louisiana ($842k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $157k (22% of expenses). Other salaries and wages came to $209k. At year end it held assets of $350k against liabilities of $12k, net assets of $338k. It reported 5 employees.