Cda Midway Plaisance Association

Analysis

Cda Midway Plaisance Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Cda Midway Plaisance Association reported income of $490k and spending of $1.1m, spending 215% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $646k to $490k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 168% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cda Midway Plaisance Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Orchard Homes at Bethany Village Inc ($490k), Ucc Xxi Inc ($490k) and Asi Coronado Inc ($490k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $188k. At year end it held assets of $2.8m against liabilities of $6.7m, net assets of -$3.9m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.