HCS Family Services

Analysis

HCS Family Services is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in July 1938, 88 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, HCS Family Services reported income of $1.4m and spending of $1.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.4m (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, HCS Family Services sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Active Aging Foundation ($1.4m), Evergreen Inc-Your North Brooklyn Business Exchange ($1.4m) and Special Services Sheltered Workshop ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $84k (6.5% of expenses). Other salaries and wages came to $124k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 6 employees.