Reach Chicago

Analysis

Reach Chicago is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in July 2001, 25 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 July 2023, Reach Chicago reported income of $818k and spending of $814k, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.3m to $818k (-35%), an average of -10% a year. The sharpest change came in the year to July 2023, when income dropped by 41%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Chicago sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Buford City Schools Foundation Inc ($818k), County College of Morris Foundation ($818k) and Agape Christian High School ($818k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,348 against liabilities of $0, net assets of $5,348.