Mayslake Annex II NFP

Analysis

Mayslake Annex 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 Annex II NFP reported income of $908k and spending of $950k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $638k to $908k (+42%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mayslake Annex II NFP sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Jerry Ambrose Veterans Council of Mohave County Inc ($908k), Educational Arts Team ($908k) and Pickens County Meals on Wheels Inc ($908k).

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 $210k. At year end it held assets of $7.0m against liabilities of $9.0m, net assets of -$2.1m. It reported 39 employees.