Illinois Valley Public Action to Deliver Shelter - IV Pads

Analysis

Illinois Valley Public Action to Deliver Shelter - IV Pads is a registered charity in United States, based in LA Salle, 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 July 2024, Illinois Valley Public Action to Deliver Shelter - IV Pads reported income of $3.0m and spending of $2.2m, leaving 27% of income unspent that year. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.4m to $3.0m (+108%), an average of +20% a year. The sharpest change came in the year to July 2023, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Illinois Valley Public Action to Deliver Shelter - IV Pads sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.0m), San Luis Valley Housing Coalition Inc ($3.0m) and LA Casa Nuestra Housing Development Fund Corporation ($3.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $67k (3.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.6m against liabilities of $270k, net assets of $4.3m. It reported 68 employees.