Chicago Dwellings Association

Analysis

Chicago Dwellings Association is a registered charity in United States, based in Willowbrook, IL. It received its IRS tax-exemption ruling in March 1957, 69 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chicago Dwellings Association reported income of $3.0m and spending of $4.5m, spending 153% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $4.3m to $3.0m (-31%), an average of -7.2% a year. The sharpest change came in the year to December 2019, when income rose by 594%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chicago Dwellings Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Bethany House of Nassau County Corporation ($3.0m), Pleasant Hill Community Development Corporation ($3.0m) and Veterans & Community Housing Coalition Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. Compensation of current officers, directors and key employees was $478k (11% of expenses). Other salaries and wages came to $711k. At year end it held assets of $23.2m against liabilities of $9.7m, net assets of $13.4m. It reported 30 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.