Excel Chartiable Foundation

Analysis

Excel Chartiable Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Excel Chartiable Foundation reported income of $90k and spending of $83k, spending 91% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $80k to $90k (+12%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 319%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Excel Chartiable Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Maquoketa Community Cupboard Inc ($90k), Greater Detroit Community Outreach Center Inc ($90k) and Mat-Su Sea Hawkers Inc ($90k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 121% of the total. At year end it held assets of $576k against liabilities of $2,547, net assets of $573k.