Disabled Adults Residential Enterprises

Analysis

Disabled Adults Residential Enterprises is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1969, 57 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Disabled Adults Residential Enterprises reported income of $466k and spending of $512k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $465k to $466k (+0.2%), an average of +0.0% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Disabled Adults Residential Enterprises sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Black Hills Workshop Residential Services Inc ($466k), Eden Palms Inc ($466k) and Linden House of Hobart Inc ($466k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $54k. At year end it held assets of $551k against liabilities of $1.1m, net assets of -$502k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.