Lester and Rosalie Anixter Center

Analysis

Lester and Rosalie Anixter Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Lester and Rosalie Anixter Center reported income of $9.2m and spending of $16.9m, spending 183% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.7m to $9.2m (-33%), an average of -9.4% a year. The sharpest change came in the year to June 2022, when income rose by 85%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lester and Rosalie Anixter Center 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 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Elm Crest Manor ($9.2m), Porchlight Inc ($9.2m) and Shepherds Path Senior Housing Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 134% of the total. Compensation of current officers, directors and key employees was $411k (2.4% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $5.3m against liabilities of $2.2m, net assets of $3.2m. It reported 233 employees.