Salvation Army Services Inc
Analysis
Salvation Army Services Inc is a registered charity in United States, based in Hoffman Estates, IL. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, Salvation Army Services Inc reported income of $2.4m and spending of $3.6m, spending 149% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $328k to $2.4m (+641%), an average of +65% a year. The sharpest change came in the year to September 2022, when income rose by 613%. Over the whole period it spent 152% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salvation Army Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include House of Yahweh ($2.4m), CHN Housing Capital ($2.4m) and South Central TN Family Center ($2.4m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.4% and program service revenue 109% of the total. Other salaries and wages came to $380k. At year end it held assets of $19.8m against liabilities of $6.8m, net assets of $13.0m.
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.
Income and spending
Where the income comes from
- Contributions & grants 1.3%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| House of Yahweh | Lawndale | $2.4m |
| CHN Housing Capital | Cleveland | $2.4m |
| South Central TN Family Center | Columbia | $2.4m |
| Family Link of Union and Essex Counties a Regional Early | Union | $2.4m |