TFK Chicago Voyagers

Analysis

TFK Chicago Voyagers is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, TFK Chicago Voyagers reported income of $711k and spending of $908k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $553k to $711k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, TFK Chicago Voyagers sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Young Voices ($709k), Challenger Learning Center of Kentucky Inc ($711k) and The Trail Youth ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $89k (9.8% of expenses). Other salaries and wages came to $493k. At year end it held assets of $1.5m against liabilities of $314k, net assets of $1.2m. It reported 9 employees.