Kenmore Plaza Tenants Association

Analysis

Kenmore Plaza Tenants Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Kenmore Plaza Tenants Association reported income of $5.1m and spending of $4.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.1m (+25%), an average of +5.8% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kenmore Plaza Tenants Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Neighborhood Partnership Housing Services Inc ($5.0m), Asian Community Development Corp ($5.1m) and Assisting Texas with Housing Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Other salaries and wages came to $484k. At year end it held assets of $24.2m against liabilities of $21.8m, net assets of $2.5m.