Chicago Help Initiative

Analysis

Chicago Help Initiative is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2011, 15 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 June 2023, Chicago Help Initiative reported income of $413k and spending of $355k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $244k to $413k (+69%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicago Help Initiative sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Supervised Visitation Network ($413k), Archer Cooperative Nursery School Inc ($413k) and Crisis Center of Dodge City Inc ($413k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). Other salaries and wages came to $87k. At year end it held assets of $478k against liabilities of $5,684, net assets of $472k. It reported 3 employees.