Chi-Care EIN 85-0613223 Form 990 (PDF) Claim this org

Chi-Care

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Supplies food, water, and necessities to homeless and needy people in Chicagoland. For fiscal year 2024 it reported $1.0M in revenue, $1.1M in expenses, and $732K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Chicago, IL
Website
www.chi-care.org
Filings
5 on file (2020–2024)
Revenue
$1.0MFY2024
Expenses
$1.1M
Net assets
$732K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-0613223 Public charity (501(c)(3)) Chicago, IL
Form 990 (PDF)
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Size
$1–10M
What they do
Supplies food, water, and necessities to homeless and needy people in Chicagoland.
Leadership
Ali Suleman · Board Mmeber
Money in and out
$1.0M revenue, $1.1M expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$732K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate▲ +342% vs prior filing year
Surplus margin
-2%
revenue over expenses, this year▼ -243% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.0M
FY2024▼ -78%
Expenses
$1.1M
FY2024▼ -77%
Total assets
$754K
FY2024▼ -4%
Total liabilities
$22K
FY2024▼ -95%
Total revenue
$1.0M
Pt VIII · Ln 12
Total expenses
$1.1M
Pt IX · Ln 25
Net assets
$732K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$754K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChi-Care
EINHdr · item D85-0613223
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.chi-care.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P60)
Ruling yearIRS BMFMay 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Mmeber
$0Pt VII · Sec A
Board Memeber
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

Chi-Care is providing support to the needy people of the Chicago area. The organization is giving away free food and providing free shelter to the needy people. Chi-Care team is a 100% volunteer based team and 100% of the donations received go straight to the cause.

$1.0Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.0M
— government grantsLn 1e$385K
Total revenueLn 12$1.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$1.0M
Management & general3%$33K
Total functional expensesLn 25$1.1M

Balance Sheet

Part X · end of year
CashLn 1$733K
Total assetsLn 16$754K
Total liabilitiesLn 26$22K
Total net assetsLn 32$732K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $733K · Operating expenses/yr $1.1M
8.4 months
Where the money goes
Program services
Program services $1.0M · Total expenses $1.1M
97%
Management & General
Management & general $33K · Total expenses $1.1M
3%
Fundraising
Fundraising $0 · Total expenses $1.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $1.6M
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $1.0M
100%
Government reliance
Government grants $385K · Total revenue $1.0M
37%
Earned-income share
Program service revenue $0 · Total revenue $1.0M
0%
Investment reliance
Investment income $0 · Total revenue $1.0M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.1M
0%
Growth & trend
Revenue growth (YoY)
This year $1.0M · Prior year $4.7M
-78%
Revenue CAGR
FY2020 $135K · FY2024 $1.0M
+66%
Net-asset trend (YoY)
End of year $732K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.0M · Expenses $1.1M
-2%
Liabilities-to-Assets
Total liabilities — · Total assets $754K
Net-asset ratio
Net assets $732K · Total assets $754K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $754K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ali Suleman · Reported title Board Mmeber · Highest reported compensation $0 · Total expenses $1.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $42K · Total expenses $1.1M
4%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth -78%
Legal fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.0M revenue · viewing · ⤓ 990 PDF
FY2023$4.7M revenue · ⤓ 990 PDF
FY2022$455K revenue · ⤓ 990 PDF
FY2021$327K revenue · ⤓ 990 PDF
FY2020$135K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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