Association House of Chicago

Analysis

Association House of Chicago is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1961, 65 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, Association House of Chicago reported income of $16.2m and spending of $17.3m, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.8m to $16.2m (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Association House of Chicago sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Family Services of NW Pa ($16.2m), Hope Ministries ($16.2m) and McAr ($16.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $494k (2.9% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $21.6m against liabilities of $6.6m, net assets of $14.9m. It reported 263 employees.