The Support Group Inc

Analysis

The Support Group Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, The Support Group Inc reported income of $671k and spending of $880k, spending 131% of what it took in. Across the 3 years on record, from June 2017 to June 2023, income grew from $240k to $671k (+179%), an average of +67% a year. The sharpest change came in the year to June 2019, when income rose by 86%. Over the whole period it spent 115% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Support Group Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include For Each 1 Reach 1 Mentoring Program Inc ($671k), Kids 4 College ($672k) and Shaker Heights Youth Center Inc ($671k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (8.7% of expenses). Other salaries and wages came to $384k. At year end it held assets of $303k against liabilities of $496k, net assets of -$193k.