Taskforce Prevention and Community Services

Analysis

Taskforce Prevention and Community Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2021, 5 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, Taskforce Prevention and Community Services reported income of $1.6m and spending of $1.3m, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $425k to $1.6m (+287%), an average of +97% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taskforce Prevention and Community Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Legal Aid Association of California ($1.6m), Confidence Learning Center ($1.6m) and New Haven Colony Historical Society ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $540k. At year end it held assets of $882k against liabilities of $350k, net assets of $532k. It reported 12 employees.