Joint-County Opportunity Benefit Support Fund

Analysis

Joint-County Opportunity Benefit Support Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Joint-County Opportunity Benefit Support Fund reported income of $795k and spending of $425k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $795k (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Joint-County Opportunity Benefit Support Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Resident Association of Greater Englewood ($795k), Chamber of Commerce Foundation Inc ($795k) and William J & Barbara a Schmidt Family Foundation Inc ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.