Willow House

Analysis

Willow House is a registered charity in United States, based in Bannockburn, IL. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Willow House reported income of $530k and spending of $593k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $372k to $530k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Willow House sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Lee County Economic Development Group Inc ($530k), Skamania Economic Development Council ($530k) and Great River Economic Development Fo Undation Inc ($530k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $383k. At year end it held assets of $471k against liabilities of $148k, net assets of $323k. It reported 13 employees.