Ada S McKinley Community Services Inc

Analysis

Ada S McKinley Community Services Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1950, 76 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ada S McKinley Community Services Inc reported income of $52.2m and spending of $52.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.8m to $52.2m (+31%), an average of +7.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ada S McKinley Community Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Baptist Retirement Homes of North Carolina Incorporated ($52.0m), Luthercare ($52.4m) and Drew Child Development Corporation Inc ($52.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $489k (0.9% of expenses). Other salaries and wages came to $18.1m. At year end it held assets of $20.7m against liabilities of $12.9m, net assets of $7.8m. It reported 705 employees.