Voice of the People in Uptown Inc

Analysis

Voice of the People in Uptown Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2014, 12 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 June 2024, Voice of the People in Uptown Inc reported income of $954k and spending of $1.1m, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $57k to $954k (+1580%), an average of +102% a year. The sharpest change came in the year to June 2021, when income rose by 389%. Over the whole period it spent 164% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Voice of the People in Uptown Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include New Road Community Development Group of Exmore ($954k), Community Housing Development Corporation ($954k) and Mental Health Housing Foundation ($953k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 63% of the total. Other salaries and wages came to $369k. At year end it held assets of $2.1m against liabilities of $3.2m, net assets of -$1.1m. It reported 10 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.