Easter Seals Inc

Analysis

Easter Seals Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 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 December 2023, Easter Seals Inc reported income of $53.2m and spending of $58.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $58.0m to $53.2m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income rose by 25%. 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, Easter Seals Inc 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 Miriam Osborn Memorial Home Association ($53.0m), Jaeb Center for Health Research Inc ($53.2m) and Community Health Systems Inc ($53.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $1.7m (2.9% of expenses). Other salaries and wages came to $4.6m. It paid $2.1m in professional fundraising fees. At year end it held assets of $41.7m against liabilities of $15.4m, net assets of $26.4m. It reported 58 employees.