Greater Chicago Club Managers Scholarship Foundation

Analysis

Greater Chicago Club Managers Scholarship Foundation is a registered charity in United States, based in Oakbrook Ter, IL. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Greater Chicago Club Managers Scholarship Foundation reported income of $84k and spending of $33k, leaving 60% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $84k (+2.6%), an average of +2.6% a year. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Chicago Club Managers Scholarship Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Grand Haven Band Booster Association ($84k), Society of the Sons of St George ($84k) and San Jacinto Valley Academy Wolf Pact PTO Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $378k against liabilities of $15k, net assets of $363k.