Service Inc of Illinois

Analysis

Service Inc of Illinois is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Service Inc of Illinois reported income of $19.1m and spending of $18.6m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $12.2m to $19.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 17%. 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, Service Inc of Illinois sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Arab American and Chaldean Council ($19.1m), Arbor Hospice Inc ($19.1m) and Counseling and Research Associates Inc ($19.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $412k (2.2% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $6.2m against liabilities of $2.1m, net assets of $4.1m. It reported 259 employees.