Northwest Side Housing Center

Analysis

Northwest Side Housing Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Side Housing Center reported income of $4.8m and spending of $6.3m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.8m (+131%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 75%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwest Side Housing Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Dallas Center Inc ($4.8m), Older Americans Service Corporation ($4.8m) and Hospice Care of Middletown Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $1.5m against liabilities of $805k, net assets of $723k. It reported 54 employees.