McHenry County Community Homes Inc

Analysis

McHenry County Community Homes Inc is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in September 1983, 43 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 December 2023, McHenry County Community Homes Inc reported income of $360k and spending of $384k, spending 106% of what it took in. Across the 4 years on record, from June 2021 to December 2023, income fell from $370k to $360k (-2.7%), an average of -0.9% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, McHenry County Community Homes Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Venice Youth Boating Association Inc ($360k), Sav-A-Life Shelby Inc ($360k) and National Infantry Association ($360k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.7m against liabilities of $2.0m, net assets of -$289k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.