Options & Advocacy for McHenry County Inc

Analysis

Options & Advocacy for McHenry County Inc is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2024, Options & Advocacy for McHenry County Inc reported income of $2.8m and spending of $2.8m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.1m to $2.8m (+34%), an average of +6.0% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Options & Advocacy for McHenry County Inc 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 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Committee for the Rescue of Israels Babies ($2.8m), Clark County Agricultural Society ($2.8m) and Crosswinds Youth Services Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $97k (3.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.4m against liabilities of $688k, net assets of $751k. It reported 42 employees.