Gap Community Center is a 501(c)(3) organization based in Chicago, Illinois, registered in 2018, with $928,564 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$929K
▲ 125.8% vs prior year
Housing median: $408K
Expenses (FY2023)
$683K
Net assets
$277K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Gap Community Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Gap Community Center: 5 mo reserves · +26% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Gap Community Center— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Gap Community Center: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $174K (FY2017) to $929K (FY2023) across 7 reported years.
Financial snapshot
Operating margin
26.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$277K
Total liabilities
$0
Net assets
$277K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $928,564▲126% | $683,398▲47.7% | $277,129▲767% | $277,129▲767% | 990 |
| 2022 | $411,206▼36.4% | $462,740▼30.3% | $31,963▼61.7% | $31,963▼61.7% | 990 |
| 2021 | $646,625▲45.7% | $663,564▲92.8% | $83,497▼16.9% | $83,497▼27.0% | 990 |
| 2020 | $443,712▲198% | $344,107▲121% | $100,436▲11986% | $114,436▲216% | 990 |
| 2019 | $148,669▲33.1% | $155,653▲22.2% | $831▼89.4% | $36,258▲66.2% | 990EZ |
| 2018 | $111,736▼35.6% | $127,370▼15.1% | $7,815▼66.7% | $21,815▼7.0% | 990EZ |
| 2017 | $173,535 | $150,086 | $23,449 | $23,449 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
27 grants to Gap Community Center totaling $48.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Chicago Food Depository | Distribute to the hungry | 2024 | $8,643,836 |
| National Christian Charitable Foundation | Community development | 2024 | $55,000 |
| Greater Chicago Food Depository | Distribute to the hungry | 2023 | $15,583,511 |
| Donor Advised Charitable Giving | Human services | 2023 | $608,000 |
| National Christian Charitable Foundation | Growth | 2023 | $55,000 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $16,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,500 |
| Greater Chicago Food Depository | Distribute to the hungry | 2022 | $12,793,642 |
| National Christian Charitable Foundation | Growth | 2022 | $55,000 |
| National Christian Charitable Foundation | Growth | 2022 | $55,000 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $15,000 |
| Tides Center | Equity, human rights, and economic empowerment | 2022 | $15,000 |
| The Chicago Community Trust | For gap programming between memorial day and the end of june to provide enrichment opportunities and community building supports for children and youth., for programming to build community cohesion through the chicago fund for safe and peaceful communities. | 2022 | $10,000 |
| Greater Chicago Food Depository | Distribute to the hungry | 2021 | $4,364,294 |
| The Chicago Community Trust | To support the electrical construction of the choice pantry, to provide programming to build community cohesion through the chicago fund for safe and peaceful communities. | 2021 | $210,363 |
Explore more
Data for Gap Community Center (EIN 82-2024205) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.