Talk 2 Me Foundation

Analysis

Talk 2 Me Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Talk 2 Me Foundation reported income of $73k and spending of $94k, spending 130% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $74k to $73k (-2.0%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Talk 2 Me Foundation sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Libby Creek Community Inc ($73k), Heritage Plaza Phase I a Not-For- Profit Corporation ($73k) and Housing Helpers Inc ($73k).

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 $40k against liabilities of $27k, net assets of $13k.