Voluntary Action Center of Northern Illinois

Analysis

Voluntary Action Center of Northern Illinois is a registered charity in United States, based in Sycamore, IL. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Voluntary Action Center of Northern Illinois reported income of $7.7m and spending of $7.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.2m to $7.7m (-6.9%), an average of -1.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Voluntary Action Center of Northern Illinois sits at the 95th percentile: it is larger than about 95% 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 Boys & Girls Clubs of the Midlands ($7.7m), West Bend Community Foundation Inc ($7.7m) and National Charitable Endowment Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $320k (4.3% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $3.2m against liabilities of $868k, net assets of $2.3m. It reported 117 employees.