Center for Information of Elgin

Analysis

Center for Information of Elgin is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in April 1975, 51 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, Center for Information of Elgin reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $761k to $1.2m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Information of Elgin sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Boys & Girls Club of Placer County ($1.2m), Foundation for Public Relations Research and Education Inc ($1.2m) and Histiocytosis Association Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $57k (4.4% of expenses). Other salaries and wages came to $629k. At year end it held assets of $1.0m against liabilities of $166k, net assets of $854k. It reported 28 employees.