Chicago Home for Incurables

Analysis

Chicago Home for Incurables is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1938, 88 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chicago Home for Incurables reported income of $10.1m and spending of $1.8m, leaving 82% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $10.1m (+351%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 583%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chicago Home for Incurables sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Acumen Counseling Services Inc ($10.1m), Healthcare Services of the Ozarks Inc ($10.1m) and Lahey Health Shared Services Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $23.1m against liabilities of $0, net assets of $23.1m.