McHenry County Council of Goverments

Analysis

McHenry County Council of Goverments is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 April 2024, McHenry County Council of Goverments reported income of $143k and spending of $146k, spending 102% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $128k to $143k (+12%), an average of +12% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, McHenry County Council of Goverments sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Valparaiso Economic Development Corporation ($143k), Uptown Partnership ($144k) and Maslow Development Inc ($143k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 74% and program service revenue 17% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.