Voices of Stephenson County

Analysis

Voices of Stephenson County is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in October 1944, 82 years ago. 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 2024, Voices of Stephenson County reported income of $2.5m and spending of $2.6m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.5m (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Voices of Stephenson County sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Venango Training & Development Center Inc ($2.5m), Dublin Latchkey ($2.5m) and Camp Tecumseh ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 0.1% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $3.2m against liabilities of $209k, net assets of $3.0m. It reported 44 employees.