Dupage Homeownership Center Inc

Analysis

Dupage Homeownership Center Inc is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Dupage Homeownership Center Inc reported income of $664k and spending of $624k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $926k to $664k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2023, when income rose by 91%. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Dupage Homeownership Center Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Presbyterian Villas of Lehigh Inc ($664k), Family Renew Community Inc ($665k) and 358-74 Vernon Avenue Housing Development Fund Corporation ($664k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $317k. At year end it held assets of $632k against liabilities of $32k, net assets of $600k. It reported 12 employees.