Variety the Childrens Charity of Illinois

Analysis

Variety the Childrens Charity of Illinois is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 September 2023, Variety the Childrens Charity of Illinois reported income of $204k and spending of $260k, spending 128% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $323k to $204k (-37%), an average of -11% a year. The sharpest change came in the year to September 2022, when income rose by 155%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Variety the Childrens Charity of Illinois sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include William G Hatch Charitable Trust ($204k), Honeybee Tennessee ($204k) and Buckeye High School Athletic Booster Club ($204k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $91k (35% of expenses). At year end it held assets of $252k against liabilities of $2,019, net assets of $250k. It reported 1 employees.