Chicago Aldermanic Black Caucus Foundation

Analysis

Chicago Aldermanic Black Caucus Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chicago Aldermanic Black Caucus Foundation reported income of $603k and spending of $304k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $10k to $603k (+5929%), an average of +292% a year. The sharpest change came in the year to December 2021, when income rose by 5764%. Over the whole period it spent 38% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chicago Aldermanic Black Caucus Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Blue Heart Foundation Inc ($603k), Latinas on the Verge of Excellence Love Inc ($603k) and Homeless Youth Alliance Inc ($602k).

It paid $74k in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.