Steele-reese Foundation- 561
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Steele-reese Foundation- 561 is a 501(c)(3) organization based in Chicago, Illinois, registered in 1959, with $7,166,201 in FY2023 revenue. CharityIndex grades it C+.
10 S Dearborn Il1-0111, Chicago, IL, 60603 EIN 13-6034763 Since 1959
Revenue (FY2023)
$7.2M
▲ 54.7% vs prior year
Expenses (FY2023)
$2.6M
Net assets
$36.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Steele-reese Foundation- 561— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating171 mo reserves · +64% margin
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 Steele-reese Foundation- 561: 171 mo reserves · +64% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Steele-reese Foundation- 561— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Steele-reese Foundation- 561: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.2M (FY2018) to $7.2M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $36.5M
Operating margin
64.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.5M
Total liabilities
$0
Net assets
$36.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,166,201▲54.7% | $2,556,436▼1.9% | $36,510,346▲14.5% | $36,510,346▲14.5% | 990PF |
| 2022 | $4,631,727▲61.7% | $2,606,442▲4.4% | $31,896,464▲6.4% | $31,896,464▲6.4% | 990PF |
| 2021 | $2,863,832▼16.4% | $2,496,146▼11.3% | $29,971,012▲1.3% | $29,971,012▲1.3% | 990PF |
| 2020 | $3,425,257▲89.9% | $2,815,667▲42.6% | $29,592,983▲2.1% | $29,592,983▲2.1% | 990PF |
| 2019 | $1,803,628▼16.7% | $1,974,251▼15.9% | $28,987,736▼0.6% | $28,987,736▼0.6% | 990PF |
| 2018 | $2,165,012 | $2,346,214 | $29,159,360 | $29,159,360 | 990PF |
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.
Frequently asked questions
- Is Steele-reese Foundation- 561 a legitimate nonprofit?
- Yes. Steele-reese Foundation- 561 is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-6034763, based in Chicago, Illinois. Donations are tax-deductible.
- What is Steele-reese Foundation- 561's EIN?
- Steele-reese Foundation- 561's Employer Identification Number (EIN) is 13-6034763.
- How much revenue does Steele-reese Foundation- 561 report?
- Steele-reese Foundation- 561 reported $7,166,201 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Steele-reese Foundation- 561 have?
- CharityIndex grades Steele-reese Foundation- 561 C+, based on financial health (reserves and operating margin).
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Data for Steele-reese Foundation- 561 (EIN 13-6034763) 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.