South Side Irish St Patricks Day Parade and Heritage Foundation Inc

Analysis

South Side Irish St Patricks Day Parade and Heritage Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2013, 13 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 September 2023, South Side Irish St Patricks Day Parade and Heritage Foundation Inc reported income of $245k and spending of $174k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $254k to $245k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to September 2022, when income rose by 263%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, South Side Irish St Patricks Day Parade and Heritage Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include American Arab Heritage Council ($245k), Creede Center for the Arts ($245k) and Woodward Development Corporation ($245k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $695k against liabilities of $0, net assets of $695k.