I Am Chi Foundation NFP

Analysis

I Am Chi Foundation NFP 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 youth development, which this site groups under children and youth 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 June 2024, I Am Chi Foundation NFP reported income of $100k and spending of $54k, leaving 46% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $25k to $100k (+300%), an average of +300% a year. The sharpest change came in the year to June 2024, when income rose by 300%. Over the whole period it spent 63% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, I Am Chi Foundation NFP sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Youth Education & Sports Community Inc ($100k), Pacific Feats ($100k) and Atlanta Karate Inc ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.