Chicago Football Classic Scholarship Fund Inc

Analysis

Chicago Football Classic Scholarship Fund Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Football Classic Scholarship Fund Inc reported income of $137k and spending of $365k, spending 266% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $530k to $137k (-74%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Football Classic Scholarship Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Ben Rush PTA ($137k), Foundation of the National Academy of Television Arts and Sciences ($137k) and Searider Football Boosters ($137k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $189k against liabilities of $3,500, net assets of $186k.