Chicago Headline Club Foundation

Analysis

Chicago Headline Club Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2004, 22 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 Headline Club Foundation reported income of $76k and spending of $78k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $76k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chicago Headline Club Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Normandy Invaders Booster Club ($76k), Belize Education Project ($76k) and Kingston Foundation for Education ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.