Childrens Home & Aid Society of Illinois

Analysis

Childrens Home & Aid Society of Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1933, 93 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, Childrens Home & Aid Society of Illinois reported income of $81.0m and spending of $79.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $66.7m to $81.0m (+21%), an average of +6.7% 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, Childrens Home & Aid Society of Illinois 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 Ohel Childrens Home and Family Services Inc ($80.9m), Chinese American Planning Council Inc ($81.0m) and Cook Inlet Tribal Council Inc ($80.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $662k (0.8% of expenses). Other salaries and wages came to $43.9m. It paid $149k in professional fundraising fees. At year end it held assets of $56.9m against liabilities of $26.1m, net assets of $30.8m. It reported 1,254 employees.