Center of Concern

Analysis

Center of Concern is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in November 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 2024, Center of Concern reported income of $2.7m and spending of $2.7m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $2.7m (+105%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center of Concern 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 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Black Organizing Project Inc ($2.7m), Madonna Center Inc ($2.7m) and I Love U Guys Foundation ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $778k against liabilities of $243k, net assets of $535k. It reported 53 employees.