Chicago Shares

Analysis

Chicago Shares is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 December 2023, Chicago Shares reported income of $66k and spending of $70k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $66k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Shares sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Pinches Menachem Knoblowitz Charity Fund Inc ($66k), Dodger Food Locker Inc ($66k) and Fort Defiance High School Sportsmans Club ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $17k, net assets of $37k.