Onward Neighborhood House

Analysis

Onward Neighborhood House is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1954, 72 years ago. 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, Onward Neighborhood House reported income of $5.7m and spending of $5.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $5.7m (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Onward Neighborhood House sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Lorelton Foundation ($5.7m), Marillac Residence Inc ($5.7m) and Community & Family Service Agency ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $133k (2.6% of expenses). Other salaries and wages came to $2.1m. It paid $7,275 in professional fundraising fees. At year end it held assets of $6.6m against liabilities of $425k, net assets of $6.1m. It reported 63 employees.