Chicago Police Foundation

Analysis

Chicago Police Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 Police Foundation reported income of $440k and spending of $407k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $440k (+115%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Police Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Foothills Soccer Club ($440k), Tulelake-Butte Valley Fair Friends ($440k) and The Depot Theatre Inc ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $798k against liabilities of $62k, net assets of $737k.