Chicagoland Toys for Tots Motorcycle Parade

Analysis

Chicagoland Toys for Tots Motorcycle Parade is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 April 2023, Chicagoland Toys for Tots Motorcycle Parade reported income of $117k and spending of $138k, spending 118% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $103k to $117k (+13%), an average of +3.2% a year. The sharpest change came in the year to April 2021, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chicagoland Toys for Tots Motorcycle Parade sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include Colton Sherrill Memorial Foundation Inc ($117k), Rotary Club of Temecula Foundation ($117k) and Give Back Nation Inc ($117k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.