Selfhelp Foundation

Analysis

Selfhelp Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Selfhelp Foundation reported income of $905k and spending of $74, leaving 100% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $242k to $905k (+274%), an average of +39% a year. The sharpest change came in the year to September 2023, when income rose by 93%. Over the whole period it spent 8.2% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Selfhelp Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Sierra Curtis Neighborhood Assn ($904k), Labor Education and Community Services Agency Inc ($906k) and Winterfest of Pensacola Inc ($904k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $13.2m against liabilities of $24k, net assets of $13.2m.