Beat the Streets - Chicago

Analysis

Beat the Streets - Chicago 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 youth development, which this site groups under children and youth development. 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 August 2023, Beat the Streets - Chicago reported income of $2.1m and spending of $1.5m, leaving 26% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $639k to $2.1m (+227%), an average of +34% a year. The sharpest change came in the year to August 2022, when income rose by 56%. Over the whole period it spent 66% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Beat the Streets - Chicago sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Children 1st Community Development Services ($2.1m), Sa Youth ($2.1m) and Boys & Girls Clubs of Hutchinson Inc ($2.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $395k (26% of expenses). Other salaries and wages came to $241k. At year end it held assets of $3.0m against liabilities of $231k, net assets of $2.8m. It reported 17 employees.