Burridge D Butler Memorial TR of Chicago

Analysis

Burridge D Butler Memorial TR of Chicago is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in November 1980, 46 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Burridge D Butler Memorial TR of Chicago reported income of $2.0m and spending of $2.7m, spending 132% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.0m (+83%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 263%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Burridge D Butler Memorial TR of Chicago sits at the 87th percentile: it is larger than about 87% 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 Craft Emergency Relief Fund Inc ($2.0m), Marshall Community Foundation ($2.0m) and Stoughton Hospital Foundation Inc ($2.0m).

Compensation of current officers, directors and key employees was $127k (4.8% of expenses). At year end it held assets of $41.5m against liabilities of $136k, net assets of $41.3m.