Mutual Ground Inc

Analysis

Mutual Ground Inc is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Mutual Ground Inc reported income of $5.2m and spending of $5.4m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $5.2m (+86%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mutual Ground Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Life Crisis Center Inc ($5.2m), Rhode Island Indian Council Inc ($5.2m) and Tennessee Personal Assistance Inc ($5.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $133k (2.5% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $6.1m against liabilities of $673k, net assets of $5.4m. It reported 96 employees.