Logan Square Preservation

Analysis

Logan Square Preservation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Logan Square Preservation reported income of $98k and spending of $67k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $98k (+329%), an average of +329% a year. The sharpest change came in the year to December 2023, when income rose by 329%. Over the whole period it spent 143% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Logan Square Preservation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Nevada Propane Dealers Association ($97k), Tree Town Festival ($98k) and Campus Community Association Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $100k against liabilities of $502, net assets of $100k.