It Takes a Village Chicago Inc

Analysis

It Takes a Village Chicago Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, It Takes a Village Chicago Inc reported income of $151k and spending of $231k, spending 153% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $206k to $151k (-26%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, It Takes a Village Chicago Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within IL. Charities of a similar size with the same main cause include Benefit Others Foundation ($151k), Washington Trust Foundation Inc ($151k) and Clayton Valley-Concord Sunrise Rotary Charitable Fund Inc ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.