Chicago Flyers Ltd

Analysis

Chicago Flyers Ltd is a registered charity in United States, based in Westmont, IL. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chicago Flyers Ltd reported income of $86k and spending of $78k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9,437 to $86k (+815%), an average of +74% a year. The sharpest change came in the year to December 2020, when income rose by 481%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicago Flyers Ltd sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Bayview Yacht Club Foundation ($86k), Golden High School Football Booster Club ($86k) and Blackhawks Fast Pitch ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 18% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.