Frida Kahlo Community Organization

Analysis

Frida Kahlo Community Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Frida Kahlo Community Organization reported income of $4.2m and spending of $4.1m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.8m to $4.2m (+136%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frida Kahlo Community Organization sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Gingerbread House Inc ($4.2m), Ny Community Fridge Corp ($4.2m) and Young Mens Christian Association of the Greater Houston Area Endowment ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $546k against liabilities of $19k, net assets of $527k. It reported 26 employees.