Friends of Historic Second Church

Analysis

Friends of Historic Second Church is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Friends of Historic Second Church reported income of $495k and spending of $437k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $439k to $495k (+13%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 68% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Historic Second Church sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include NXT Move Inc ($495k), Energize Ministries Inc ($495k) and Reason for Our Hope Foundation Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 3.8% of the total. At year end it held assets of $1.1m against liabilities of $2,353, net assets of $1.1m.