Southwest Chicago Homeless Services

Analysis

Southwest Chicago Homeless Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Southwest Chicago Homeless Services reported income of $155k and spending of $239k, spending 154% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $219k to $155k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Chicago Homeless Services sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Ageless Senior Citizens Inc ($155k), Gethsemane International Inc ($156k) and Spark Makerspace Co ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% of the total. At year end it held assets of $188k against liabilities of $243k, net assets of -$55k.