Northwest Chicago Group Homes Inc

Analysis

Northwest Chicago Group Homes Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Northwest Chicago Group Homes Inc reported income of $370k and spending of $474k, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $329k to $370k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Northwest Chicago Group Homes Inc sits at the 51st percentile: it is larger than about 51% 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 Greystone Manor Inc ($370k), 32 Byers Street Inc ($370k) and Houston Chinese Senior Housing Corp ($370k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $77k. At year end it held assets of $794k against liabilities of $858k, net assets of -$64k.

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.