Enrich Chicago

Analysis

Enrich Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Enrich Chicago reported income of $441k and spending of $684k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $305k to $441k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2020, when income rose by 98%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Enrich Chicago sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IL. Charities of a similar size with the same main cause include Seattle Sacred Music LLC ($441k), Christian Youth Theater Fredericksburg Inc ($441k) and Performance Now Theatre Company ($441k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). Other salaries and wages came to $235k. At year end it held assets of $545k against liabilities of $52k, net assets of $493k. It reported 5 employees.