Chicago Rehabilitation Network

Analysis

Chicago Rehabilitation Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Chicago Rehabilitation Network reported income of $1.1m and spending of $944k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $686k to $1.1m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Chicago Rehabilitation Network sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Southeast Technical Institute Housing Foundation ($1.1m), Soundview Senior Housing Development Fund Company Inc ($1.1m) and High Spirit Community Farm Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $98k (10% of expenses). Other salaries and wages came to $275k. At year end it held assets of $587k against liabilities of $111k, net assets of $475k. It reported 5 employees.