Oak Park Regional Housing Center

Analysis

Oak Park Regional Housing Center is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in July 1972, 54 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, Oak Park Regional Housing Center reported income of $1.4m and spending of $1.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oak Park Regional Housing Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Episcopal Management Corporation ($1.4m), Columbia Hills Retirement Center Inc ($1.4m) and Affordable Communities Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $118k (9.0% of expenses). Other salaries and wages came to $519k. At year end it held assets of $2.3m against liabilities of $2.1m, net assets of $257k. It reported 17 employees.