Norman C Sleezer Youth Home

Analysis

Norman C Sleezer Youth Home is a registered charity in United States, based in Freeport, IL. It received its IRS tax-exemption ruling in December 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 2024, Norman C Sleezer Youth Home reported income of $2.2m and spending of $2.3m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.5m to $2.2m (+53%), an average of +8.8% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman C Sleezer Youth Home sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Variety the Childrens Charity ($2.2m), National Council on Alcoholism and Dependence of the San Fernando VL ($2.2m) and Church of Bible Understanding ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $125k (5.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.7m against liabilities of $239k, net assets of $1.5m. It reported 81 employees.

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.