Sirat Chicago

Analysis

Sirat Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Sirat Chicago reported income of $654k and spending of $1.1m, spending 168% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $302k to $654k (+116%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 212%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sirat Chicago sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Island Time Ministries ($654k), Restoration Farm Ministries ($654k) and Church of Christ India ($653k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $3,135, net assets of $280k.