Illinois Ultimate

Analysis

Illinois Ultimate is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Ultimate reported income of $131k and spending of $146k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $96k to $131k (+36%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Illinois Ultimate sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Webfooter Water Shows Inc ($131k), Reeths Puffer Youth Soccer Club Inc ($131k) and Nazca Sport Club Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 94% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.