Reclaiming Chicago NFP

Analysis

Reclaiming Chicago NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reclaiming Chicago NFP reported income of $909k and spending of $151k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.8m to $909k (-67%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 3.6% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Reclaiming Chicago NFP sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($909k), CCH Development Corporation ($910k) and Greencastle of North Aurora Inc ($909k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $15.6m against liabilities of $8.2m, net assets of $7.4m.