Community Contacts Inc

Analysis

Community Contacts Inc is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in April 1979, 47 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, Community Contacts Inc reported income of $13.2m and spending of $13.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $13.2m (+70%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Community Contacts Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Grand Street Settlement Senior HDFC ($13.2m), Nid Housing Counseling Agency ($13.3m) and Alma Via of San Francisco ($13.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $169k (1.3% of expenses). Other salaries and wages came to $806k. At year end it held assets of $2.6m against liabilities of $422k, net assets of $2.2m. It reported 25 employees.