Greater Works Charities Inc

Analysis

Greater Works Charities Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greater Works Charities Inc reported income of $422k and spending of $388k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $404k to $422k (+4.3%), an average of +4.3% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Works Charities Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include For the Love of a Veteran Inc ($422k), Ready2bsocial ($422k) and Home Again St Johns Inc ($422k).

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 $476k against liabilities of $452k, net assets of $24k.