Chicago Human Rhythm Project

Analysis

Chicago Human Rhythm Project is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1990, 36 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 December 2023, Chicago Human Rhythm Project reported income of $1.0m and spending of $1.0m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $812k to $1.0m (+24%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Human Rhythm Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Wildflower Cottage for Children Inc ($1.0m), Workcred Inc ($1.0m) and Concord Review ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $91k (8.8% of expenses). Other salaries and wages came to $219k. At year end it held assets of $1.3m against liabilities of $403k, net assets of $865k. It reported 10 employees.