Habilitative Systems Incorporated

Analysis

Habilitative Systems Incorporated is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1978, 48 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, Habilitative Systems Incorporated reported income of $10.3m and spending of $10.2m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $10.3m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Habilitative Systems Incorporated 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 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Community Skilled Nursing Centre ($10.3m), Crown College ($10.3m) and Project Access Inc ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 21% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $6.0m against liabilities of $4.9m, net assets of $1.1m. It reported 138 employees.