Community Action Agency for McHenry County

Analysis

Community Action Agency for McHenry County is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in May 1967, 59 years ago. 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 July 2023, Community Action Agency for McHenry County reported income of $3.1m and spending of $3.3m, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.5m to $3.1m (+25%), an average of +5.6% a year. The sharpest change came in the year to July 2020, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Action Agency for McHenry County sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Dominion Educational Ministries Inc ($3.1m), Hospital Development Foundation Inc ($3.1m) and Brighton Allston Elderly Homes Inc ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $457k against liabilities of $84k, net assets of $373k. It reported 72 employees.