Friendship Village of Mill Creek NFP

Analysis

Friendship Village of Mill Creek NFP is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Friendship Village of Mill Creek NFP reported income of $21.7m and spending of $25.5m, spending 117% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $16.3m to $21.7m (+33%), an average of +7.4% a year. Over the whole period it spent 127% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friendship Village of Mill Creek NFP sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Lexington Retirement Community Inc ($21.7m), Fredericksburg Regional Foodbank ($21.7m) and Young Mens Christian Association of Greater St Petersburg Inc ($21.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $120.1m against liabilities of $118.6m, net assets of $1.5m. It reported 100 employees.

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.