Salt and Light Coalition NFP

Analysis

Salt and Light Coalition NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2017, 9 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, Salt and Light Coalition NFP reported income of $581k and spending of $409k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $469k to $581k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 1079%. Over the whole period it spent 21% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salt and Light Coalition NFP sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Atlantic Center for Independent Living Inc ($581k), Union County Council on Aging ($581k) and Placerville Pre Schoolers Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $187k. At year end it held assets of $6.3m against liabilities of $22k, net assets of $6.3m. It reported 8 employees.