Gads Hill Center
Analysis
Gads Hill Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1926, 100 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, Gads Hill Center reported income of $17.2m and spending of $16.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $17.2m (+83%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gads Hill Center 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 97th percentile within IL. Charities of a similar size with the same main cause include Aging and In-Home Services of Ne in ($17.2m), Touchstone Mental Health ($17.2m) and Sylvia G Thompson Residence Center Inc ($17.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $368k (2.2% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $14.7m against liabilities of $2.6m, net assets of $12.1m. It reported 222 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 0.6%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Aging and In-Home Services of Ne in | Fort Wayne | $17.2m |
| Touchstone Mental Health | Minneapolis | $17.2m |
| Sylvia G Thompson Residence Center Inc | Sedalia | $17.2m |
| Mercer County Behavioral Health Commission Inc | Mercer | $17.2m |