Home of the Child El Hogar Del Nino

Analysis

Home of the Child El Hogar Del Nino is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1974, 52 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 June 2023, Home of the Child El Hogar Del Nino reported income of $8.0m and spending of $7.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.7m to $8.0m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home of the Child El Hogar Del Nino sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Lake Forest Graduate School of Management ($8.0m), Habitat for Humanity International Inc ($8.0m) and Brackens Kitchen Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $227k (3.0% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $8.6m against liabilities of $1.4m, net assets of $7.2m. It reported 122 employees.