Choose Chicago Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,188 | 32,417 | 42,771 | 229.0 | 0% |
| 2021 | 2,550,000 | 2,408,872 | 141,128 | 3.8 | 0% |
| 2022 | 7,748 | 141,552 | −133,804 | 53.1 | 0% |
| 2023 | 8,093,782 | 209,719 | 7,884,063 | 486.9 | 0% |
In its most recent public year (2023), this organization brought in $7,884,063 more than it spent. Its reserves stood at about 486.9 months of spending, up from 229 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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