Deborahs Place II
Analysis
Deborahs Place II is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Deborahs Place II reported income of $631k and spending of $743k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $506k to $631k (+25%), an average of +5.7% a year. Over the whole period it spent 118% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Deborahs Place II sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Longfellow Non-Profit Housing Inc ($631k), Brownsville Affordable Homeownershi P Corporation ($631k) and Frontier Communities Inc ($631k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $265k. At year end it held assets of $988k against liabilities of $3.0m, net assets of -$2.0m.
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 79%
- Program services 21%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Longfellow Non-Profit Housing Inc | Boston | $631k |
| Brownsville Affordable Homeownershi P Corporation | Brownsville | $631k |
| Frontier Communities Inc | Billings | $631k |
| Community Resources Inc | Eagle | $632k |