Housing & Shelter (L81) IRS Verified DX Registered 990 on File

HISTORIC CHICAGO BUNGALOW ASSOCIATION

EIN: 36-4409705 · CHICAGO, IL 60604-3463 · United States · FY 2023 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 81/100

Reliability (20%) 55/100

Effectiveness (25%) 93/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

The Historic Chicago Bungalow Association (HCBA) assists bungalow owners with adapting and preserving their homes. HCBA works to create an awareness and appreciation of Chicago Bungalows as a housing choice for modern families, and to encourage rehab and restoration of Chicago bungalows, which in turn helps to strengthen Chicago bungalow neighborhoods. The Association offers a variety of resources, including grants for energy efficiency improvements, “how-to” seminars, architectural guidance for common bungalow rehab projects and guidelines for home improvement and restoration. Certifying a bungalow with the Historic Chicago Bungalow Association is the first step in accessing these financial incentives and benefits.

Financial Overview — FY 2023

$1.3M

Total Revenue

$1.5M

Total Expenses

$729K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 84.9%

Fundraising Efficiency N/A

Operating Reserve 5.83x

Liability-to-Asset 3.5%

Revenue Diversification 99.5%

Compared with Peers

FY 2023

Compared with 3,477 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	84.9%	86.9%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	13.8%	10.8%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.3%	0.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	5.8 mo	12.7 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	3.5%	40.3%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	99.5%	90.4%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	-0.3%	5.3%	P10P90
Expense growth Year over year expense growth	35.1%	7.8%	P10P90
Surplus margin Surplus as a share of revenue	-15.4%	1.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$1.3M	$1.5M	$729K	84.9%	5
2022	$1.3M	$1.1M	$929K	82.6%	5
2021	$1.2M	$994K	N/A	—	5
2020	$748K	$884K	N/A	—	5

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Organization Details

EIN: 36-4409705
State: IL
City: CHICAGO
ZIP: 60604-3463
Classification: L81
Category: Housing & Shelter
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2000
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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