Everthrive Illinois

Analysis

Everthrive Illinois is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2023, Everthrive Illinois reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.7m (+77%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everthrive Illinois sits at the 87th percentile: it is larger than about 87% 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 The Center for Michigan Inc ($2.7m), 1day Sooner Inc ($2.7m) and Seton Center Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $171k (6.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.4m against liabilities of $791k, net assets of $1.6m. It reported 20 employees.