Mayslake Center II NFP

Analysis

Mayslake Center II NFP is a registered charity in United States, based in Oakbrook, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mayslake Center II NFP reported income of $3.5m and spending of $3.9m, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.2m to $3.5m (+8.2%), an average of +2.0% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mayslake Center II NFP sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include United Methodist Open Door Inc ($3.5m), Young Mens Christian Association Lima ($3.5m) and The Des Moines Area Food Bank ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $680k. At year end it held assets of $19.8m against liabilities of $18.4m, net assets of $1.3m. It reported 39 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.