Shore Community Services Inc

Analysis

Shore Community Services Inc is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in March 1962, 64 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shore Community Services Inc reported income of $7.2m and spending of $6.5m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.9m to $7.2m (+4.9%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shore Community Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Golden Corridor Family YMCA ($7.2m), Incorporation to Maximize Personal ($7.2m) and Sa-Mdy Inc ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $184k (2.8% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $9.5m against liabilities of $2.6m, net assets of $6.9m. It reported 160 employees.