Charge Syndrome Foundation Inc

Analysis

Charge Syndrome Foundation Inc is a registered charity in United States, based in Buffalo Grove, IL. It received its IRS tax-exemption ruling in August 1993, 33 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 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, Charge Syndrome Foundation Inc reported income of $1.1m and spending of $923k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $1.1m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charge Syndrome Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Cohesion Foundation Inc ($1.1m), Cardiovascular Research Foundationof Southern California ($1.1m) and Ohr Nosson Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $123k (13% of expenses). Other salaries and wages came to $95k. At year end it held assets of $1.6m against liabilities of $11k, net assets of $1.6m. It reported 5 employees.