Of Color Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To help people of all colors enhance their own economic and educational goals
- Income
- $3.6 million
- Spending
- $3.3 million
- Spent on programs
- 81%
- Reserves
- 2.3 months of spending
- Largest source of income
- government grants, 90%
- Employees
- 33
- Volunteers
- 9
- Highest pay
- $167,742, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 71 out of 100. Higher than 47% of charities in its peer group (human services, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.3 months of spending.
Debt
16 of 20It owes 19% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (8)
- $500,380 spent. The Illinois Youth Investment program provides targeted long-term employment and youth apprenticeship programs. Its services deliver a holistic approach to the workforce environment including personal development, job training, work-based learning, supportive services, mentoring and coaching services to young adults ages 18-24. IYIP focuses on executive functioning and self-regulation skill development to enable planning, memory and multi-tasking capabilities of its youth.
- $384,750 spent. Homeless Veterans Reintegration program HVRP provides employment, training, and housing linkage services for homeless veteran populations identified as young adults, women with children, chronic homeless and recently incarcerated. HVRP serves urban communities on the south and west side of Chicago whose communities range from 20 - 50 below poverty levels and experience 30 - 52 unemployment rates.
- $262,174 spent. The Rapid Re-Housing RRH program is a short-term maximum 12 months, with the possibility of extending for an additional 12 months rental subsidy program. It was designed by the federal department of housing and urban development HUD to serve homeless families throughout the city of Chicago. Of Color Inc serves sixty families in helping them to secure stable housing to avoid homelessness in the future.
- Program Service Expenses 31,330, Grants and allocations 0, Revenue 0 The Community Transition Investment Grant CTIG is a capacity building grant funded by the Department of Human Services via a partnership with All Chicago. It supports the agency in its efforts to strengthen Operations in a variety of areas Training Board and Staff, Human Resource Training and Review, inclusive of background checks and supporting the onboarding process for new employees. It also supports the cost of a P-T Development Manager, a new CRM Database, needed supplies, and activities for our recent 5-Year Celebration event. CTIG is slated for one year only ending June 30, 2026.
- Program Service Expenses 152,124, Grants and allocations 0, Revenue 0 Flexible Housing Pool FHP - Housing Provides cross-sector investment and innovative program delivery strategy to increase supportive housing resources in Chicago and Cook County for populations at the intersection of homelessness, complex physical and behavioral health needs, and criminal justice involvement. Of Color Inc serves 60 families and children to help them sustain housing and work with those that are able to find employment with a livable wage.
- Program Service Expenses 252,405, Grants and allocations 0, Revenue 0 EI The program goals are to Strengthen Connections by refining the links between the workforce and homeless systems in order to increase Income Outcomes by enhancing employment opportunities for individuals navigating homelessness. We also leverage housing resources by utilizing available housing resources to combat unsheltered homelessness.
- Program Service Expenses 3,245, Grants and allocations 0, Revenue 0 DVA Through a new Honors Award grant with the Department of Veteran Affairs DVA, Of Color Inc offers supportive services like transportation, clothing and individual job readiness classes so that each veteran has the necessary tools to secure employment and housing, where the need exists.
- Program Service Expenses 1,080,627, Grants and allocations 0, Revenue 0 Of Color Incs HUD Rapid Re-Housing project is designed for 42 Young Adults 42 units and beds, ages 18-24 who are experiencing unsheltered homelessness within the city of Chicago. Our philosophy mirrors the citys Housing First standards. Simply put, we work with landlords realtors to provide housing services which will work swiftly to place individuals into safe, and stable housing first.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
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