Northwestern University Settlement

Analysis

Northwestern University Settlement is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northwestern University Settlement reported income of $20.7m and spending of $20.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.1m to $20.7m (+3.2%), an average of +0.8% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northwestern University Settlement sits at the 97th percentile: it is larger than about 97% 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 Family Central Inc ($20.7m), Pathways Hospice ($20.8m) and St Edward Home ($20.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $342k (1.7% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $29.4m against liabilities of $9.8m, net assets of $19.6m. It reported 267 employees.