The Allendale Association

Analysis

The Allendale Association is a registered charity in United States, based in Lake Villa, IL. It received its IRS tax-exemption ruling in February 1944, 82 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Allendale Association reported income of $29.1m and spending of $31.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.6m to $29.1m (+1.8%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Allendale Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Native Health ($29.1m), Nebraska Health Information Initiative Inc ($29.2m) and St Anthonys Professional Buildings & Services Inc ($29.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $559k (1.8% of expenses). Other salaries and wages came to $18.3m. At year end it held assets of $21.7m against liabilities of $3.8m, net assets of $17.8m. It reported 423 employees.