Chicagoland Golden Gloves Charities Inc

Analysis

Chicagoland Golden Gloves Charities Inc is a registered charity in United States, based in Northbrook, IL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Chicagoland Golden Gloves Charities Inc reported income of $199k and spending of $139k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $199k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicagoland Golden Gloves Charities Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Florida Electrical Association ($199k), Vanguard School Foundation Inc ($199k) and Mass Maritime Academy Alumni Assoc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.