Meadows Eastside Community Resource Organization

Analysis

Meadows Eastside Community Resource Organization is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, Meadows Eastside Community Resource Organization reported income of $98k and spending of $62k, leaving 36% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $18k to $98k (+441%), an average of +76% a year. The sharpest change came in the year to December 2020, when income rose by 333%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Meadows Eastside Community Resource Organization sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within IL. Charities of a similar size with the same main cause include Beautiful Ventures Foundation Inc ($98k), Chatham Creative Arts Incubator Inc ($98k) and Falmouth Together We Can Inc ($98k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $8,342 against liabilities of $0, net assets of $8,342.