Fola Community Action Services Inc

Analysis

Fola Community Action Services Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Fola Community Action Services Inc reported income of $2.0m and spending of $1.8m, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.9m to $2.0m (+7.3%), an average of +7.3% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fola Community Action Services Inc 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 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include People of Faith Foundation Inc ($2.0m), Ryans Place Inc ($2.0m) and Bay Area Support Services ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $986k. At year end it held assets of $2.7m against liabilities of $59k, net assets of $2.6m. It reported 21 employees.