Chicago White Sox Charities Inc

Analysis

Chicago White Sox Charities Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Chicago White Sox Charities Inc reported income of $6.3m and spending of $4.5m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $6.3m (+192%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago White Sox Charities Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Columbia Lighthouse for the Blind ($6.3m), The Foundation for Enhancing Communities ($6.3m) and Second Chance Center Inc ($6.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $188k. At year end it held assets of $7.9m against liabilities of $161k, net assets of $7.7m. It reported 25 employees.