Social Club of Chicago NFP

Analysis

Social Club of Chicago NFP is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Social Club of Chicago NFP reported income of $230k and spending of $184k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $230k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2022, when income rose by 383%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Social Club of Chicago NFP sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Helping Women Period Inc ($230k), Evergreen Life Services of Florida Inc ($230k) and Answer Scholarship Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.