First Friday Club of Chicago Inc
Analysis
First Friday Club of Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, First Friday Club of Chicago Inc reported income of $130k and spending of $112k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $129k to $130k (+0.6%), an average of +0.6% a year. Over the whole period it spent 82% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, First Friday Club of Chicago Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Concord Baptist Church of Atlanta ($130k), New Covenant Baptist Church of Houston ($130k) and Orthodox Christian Leadership Initiative ($130k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.7% and program service revenue 75% of the total. At year end it held assets of $107k against liabilities of $1,774, net assets of $105k.
Income and spending
Where the income comes from
- Contributions & grants 7.7%
- Program services 75%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Concord Baptist Church of Atlanta | Atlanta | $130k |
| New Covenant Baptist Church of Houston | Houston | $130k |
| Orthodox Christian Leadership Initiative | Houston | $130k |
| Abiding Word Ministries Inc | Waleska | $130k |