Chicago Sun-Times Media Inc

Analysis

Chicago Sun-Times Media Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2022, 4 years ago. 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, Chicago Sun-Times Media Inc reported income of $39.5m and spending of $40.6m, spending 103% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $45.3m to $39.5m (-13%), an average of -6.7% a year. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Sun-Times Media Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include San Francisco AIDS Foundation ($39.5m), Mount Mary University Inc ($39.5m) and Osborne Association Inc ($39.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $3.1m (7.7% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $32.1m against liabilities of $5.5m, net assets of $26.6m. It reported 184 employees.