Chicago Msa

Analysis

Chicago Msa is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1999, 27 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 (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, Chicago Msa reported income of $626k and spending of $518k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $611k to $626k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to August 2022, when income rose by 61%. Over the whole period it spent 85% 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 Msa 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 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Dickinson Public Schools Foundation Inc ($626k), Parents Association Colfax Elementary ($626k) and Caldwell Hospice Foundation ($626k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 19% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $5,074 (1.0% of expenses). At year end it held assets of $492k against liabilities of $41k, net assets of $451k.