Last Chance House Inc

Analysis

Last Chance House Inc is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Last Chance House Inc reported income of $78k and spending of $107k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $78k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Last Chance House Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include New York Community Charitable Housing Corp ($78k), Cpnj-Laurel Inc ($78k) and SHDC No 9 Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 80% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.