Senior Services Center of Will County Inc

Analysis

Senior Services Center of Will County Inc is a registered charity in United States, based in Romeoville, IL. It received its IRS tax-exemption ruling in June 1969, 57 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 December 2023, Senior Services Center of Will County Inc reported income of $5.1m and spending of $3.2m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $5.1m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Services Center of Will County Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include The Patriot League ($5.1m), Overview Inc ($5.1m) and M B D Community Housing Corporation ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $191k (6.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.4m against liabilities of $640k, net assets of $3.7m. It reported 57 employees.