Peoples Community Development Association of Chicago

Analysis

Peoples Community Development Association of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Peoples Community Development Association of Chicago reported income of $61k and spending of $43k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $180k to $61k (-66%), an average of -30% a year. The sharpest change came in the year to December 2022, when income rose by 226%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peoples Community Development Association of Chicago sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Grupo 24 Horas Chicago ($61k), International Vipassana Technology Association Inc ($61k) and Christian Approach to Urban Suburban ($61k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. It paid $200 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $128k, net assets of $950k.