Ur Chicago Alliance Inc

Analysis

Ur Chicago Alliance Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover employment, 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 2023, Ur Chicago Alliance Inc reported income of $458k and spending of $389k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $458k (+89%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ur Chicago Alliance Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Main Street-Deland Association Inc ($458k), Teamwomenmn ($459k) and Twin Cities Innovation Alliance ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (26% of expenses). Other salaries and wages came to $39k. At year end it held assets of $399k against liabilities of $197k, net assets of $202k. It reported 3 employees.