Society of Colonial Wars in the State of Illinois

Analysis

Society of Colonial Wars in the State of Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 1945, 81 years ago. 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 November 2023, Society of Colonial Wars in the State of Illinois reported income of $97k and spending of $89k, spending 92% of its income. Across the 2 years on record, from November 2022 to November 2023, income fell from $419k to $97k (-77%), an average of -77% a year. The sharpest change came in the year to November 2023, when income dropped by 77%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Society of Colonial Wars in the State of Illinois sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Hot Springs-Hot Springs Village Symphony Guild Inc ($97k), PTA Florida Congress Fishhawk Creek Elementary School ($97k) and Norman Ballet Company Inc ($97k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 1.2% and program service revenue 66% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.