Illinois Tactical Officers Association

Analysis

Illinois Tactical Officers Association is a registered charity in United States, based in Homer Glen, IL. It received its IRS tax-exemption ruling in March 1998, 28 years ago. 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 April 2024, Illinois Tactical Officers Association reported income of $473k and spending of $506k, spending 107% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $518k to $473k (-8.6%), an average of -1.8% a year. The sharpest change came in the year to April 2022, when income rose by 268%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Tactical Officers Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Southeast Missouri Facilities Inc ($473k), Espacios Abiertos Puerto Rico Inc ($473k) and Neighborhood Network for Seniors ($473k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 8.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $35k (6.9% of expenses). Other salaries and wages came to $6,992. At year end it held assets of $254k against liabilities of $2,605, net assets of $252k. It reported 2 employees.