St Colettas of Illinois

Analysis

St Colettas of Illinois is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in August 1950, 76 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Colettas of Illinois reported income of $13.6m and spending of $12.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $16.6m to $13.6m (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2023, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Colettas of Illinois sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include D a Blodgett-St Johns ($13.6m), Pace Greater New Orleans ($13.6m) and St Pauls School ($13.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $279k (2.2% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $3.7m against liabilities of $661k, net assets of $3.0m. It reported 214 employees.