Streeterville Organization of Active Residents

Analysis

Streeterville Organization of Active Residents 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 community improvement and capacity building, which this site groups under community and economic development. 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, Streeterville Organization of Active Residents reported income of $244k and spending of $223k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $244k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Streeterville Organization of Active Residents sits at the 55th percentile: it is larger than about 55% 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 Communitycare of Lyme ($243k), Citizens for a Loring Park Community ($244k) and Sawyer Automotive Foundation Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 0.9% of the total. Other salaries and wages came to $99k. At year end it held assets of $201k against liabilities of $7,555, net assets of $194k. It reported 2 employees.