Depaul USA Inc

Analysis

Depaul USA Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2009, 17 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, Depaul USA Inc reported income of $8.3m and spending of $8.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $8.3m (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Depaul USA Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Miller Memorial Community Inc ($8.3m), New Horizons Affordable Housing and Development Inc ($8.3m) and Bridges Community Action Partnership ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $141k (1.7% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $11.4m against liabilities of $4.5m, net assets of $7.0m. It reported 112 employees.