Ibukun Comprehensive Community Services Inc

Analysis

Ibukun Comprehensive Community Services Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2011, 15 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 June 2023, Ibukun Comprehensive Community Services Inc reported income of $1.2m and spending of $1.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $773k to $1.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ibukun Comprehensive Community Services Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Support Ministries Inc ($1.2m), Habitat for Humanity in Okaloosa County Inc ($1.2m) and Hosanna Industries Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $760k. At year end it held assets of $259k against liabilities of $70k, net assets of $190k. It reported 31 employees.