Chicago Kids Company

Analysis

Chicago Kids Company is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2023, Chicago Kids Company reported income of $450k and spending of $498k, spending 111% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $356k to $450k (+26%), an average of +8.1% a year. The sharpest change came in the year to July 2022, when income rose by 43%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chicago Kids Company sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Bunim Fund ($450k), Groovy Caring & Giving Fund ($450k) and Community Foundation of Northwest Florida Inc ($449k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $99k (20% of expenses). Other salaries and wages came to $102k. At year end it held assets of $100k against liabilities of $112k, net assets of -$12k. It reported 5 employees.