Friendship House of Crystal Lake

Analysis

Friendship House of Crystal Lake is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friendship House of Crystal Lake reported income of $1.1m and spending of $1.4m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 42%. 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, Friendship House of Crystal Lake sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Young Mens Christian Association Foundation of Waukesha Wi Inc ($1.1m), Frontline Fellowship International ($1.1m) and Brazoria County Alliance for Children Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $91k (6.6% of expenses). Other salaries and wages came to $720k. At year end it held assets of $1.4m against liabilities of $631k, net assets of $720k. It reported 24 employees.