Chicago Chinatown Community Foundation

Analysis

Chicago Chinatown Community Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 April 2023, Chicago Chinatown Community Foundation reported income of $232k and spending of $190k, spending 82% of its income. Across the 2 years on record, from April 2022 to April 2023, income grew from $163k to $232k (+43%), an average of +43% a year. The sharpest change came in the year to April 2023, when income rose by 43%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Chinatown Community Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Grumpy Old Men Inc ($232k), Hospice Ministries Inc ($232k) and Caring Hearts and Hands of Columbia ($232k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $197k against liabilities of $6,500, net assets of $191k.