Selfhelp Home Inc

Analysis

Selfhelp Home Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Selfhelp Home Inc reported income of $17.5m and spending of $16.3m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.5m to $17.5m (+51%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Selfhelp Home Inc 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 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Clayton Child Care Inc ($17.4m), Rose-Mary the Johanna Grasselli Rehabilitation & Education Center ($17.5m) and Centronia ($17.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $388k (2.4% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $10.1m against liabilities of $2.0m, net assets of $8.1m. It reported 240 employees.