Little City Foundation

Analysis

Little City Foundation is a registered charity in United States, based in Palatine, IL. It received its IRS tax-exemption ruling in October 1959, 67 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 June 2023, Little City Foundation reported income of $46.7m and spending of $36.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.5m to $46.7m (+44%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Little City Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Hudson Valley Hospice Inc ($46.7m), Childrens Bureau Inc ($46.7m) and Kennebec Valley Community Action Program ($46.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $577k (1.6% of expenses). Other salaries and wages came to $17.0m. At year end it held assets of $39.8m against liabilities of $7.6m, net assets of $32.1m. It reported 567 employees.