Chicago Hyde Park Village NFP

Analysis

Chicago Hyde Park Village NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Hyde Park Village NFP reported income of $174k and spending of $177k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $174k (+19%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Chicago Hyde Park Village NFP sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Historic Downtown Millersburg Inc ($174k), Meals-On-Wheels of New Canaan Inc ($174k) and Pennsylvania State Association of County Fairs ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 3.8% of the total. At year end it held assets of $240k against liabilities of $21k, net assets of $218k.