The Chicago Fund for Healthier Communities

Analysis

The Chicago Fund for Healthier Communities is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Chicago Fund for Healthier Communities reported income of $35.0m and spending of $45.9m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.1m to $35.0m (+105%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Chicago Fund for Healthier Communities sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include United Community Action Network ($35.0m), Bello Machre Inc ($35.1m) and Matter ($35.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.9m (4.1% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $32.7m against liabilities of $17.7m, net assets of $15.0m. It reported 109 employees.