Willows Cottages

Analysis

Willows Cottages is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Willows Cottages reported income of $14.4m and spending of $14.5m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $12.5m to $14.4m (+15%), an average of +3.6% a year. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Willows Cottages 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 Loretto Adult Community Inc ($14.4m), Houston Area Womens Center Inc ($14.4m) and Covenant Village Inc ($14.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 73% of the total. At year end it held assets of $113.3m against liabilities of $92.6m, net assets of $20.7m.