Chicago Blend Group

Analysis

Chicago Blend Group is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2021, 5 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 2023, Chicago Blend Group reported income of $418k and spending of $350k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $126k to $418k (+231%), an average of +82% a year. The sharpest change came in the year to December 2022, when income rose by 111%. 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, Chicago Blend Group sits at the 64th percentile: it is larger than about 64% 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 Chico Economic Planning Corporation ($418k), Yes She Can Incorporated ($418k) and Throggs Neck Disrict Management Association Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $175k (50% of expenses). At year end it held assets of $152k against liabilities of $183, net assets of $152k. It reported 2 employees.