Chicagoland Methodist Senior Services

Analysis

Chicagoland Methodist Senior Services is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1938, 88 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 December 2023, Chicagoland Methodist Senior Services reported income of $12.3m and spending of $16.3m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $12.3m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Chicagoland Methodist Senior Services sits at the 95th percentile: it is larger than about 95% 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 Community Connections Inc ($12.3m), Mountain Valley Child and Family Services Inc ($12.4m) and Oakland Family Services ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 87% of the total. Other salaries and wages came to $8.4m. At year end it held assets of $8.5m against liabilities of $5.0m, net assets of $3.5m. It reported 489 employees.