Naperville Elderly Homes Inc

Analysis

Naperville Elderly Homes Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Naperville Elderly Homes Inc reported income of $198k and spending of $180k, spending 91% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $12.2m to $198k (-98%), an average of -56% a year. The sharpest change came in the year to December 2021, when income rose by 363%. Over the whole period it spent 10% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Naperville Elderly Homes Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Ahepa 23-Iii Inc ($198k), Madison County Senior Housing Inc ($198k) and Cityscape Community Redevelopment Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $87k (49% of expenses). At year end it held assets of $14.8m against liabilities of $4,781, net assets of $14.8m. It reported 1 employees.