Greencastle of Allerton Inc

Analysis

Greencastle of Allerton Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in May 2010, 16 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, Greencastle of Allerton Inc reported income of $277k and spending of $331k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $277k (+12%), an average of +3.0% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greencastle of Allerton Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include TB Housing Development Fund Company Inc ($277k), Tongore Pines Housing Development Fund Company Inc ($277k) and Habitat for Humanity International Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $79k. At year end it held assets of $2.1m against liabilities of $35k, net assets of $2.0m.

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.