CTF Illinois

Analysis

CTF Illinois is a registered charity in United States, based in Orland Park, IL. It received its IRS tax-exemption ruling in January 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, CTF Illinois reported income of $26.8m and spending of $27.7m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $26.8m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, CTF Illinois sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Chinatown Community Development Center Inc ($26.8m), Archdiocesan Housing Authority ($26.8m) and Apv Redevelopment Corporation ($26.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $480k (1.7% of expenses). Other salaries and wages came to $14.0m. At year end it held assets of $19.0m against liabilities of $7.6m, net assets of $11.4m. It reported 773 employees.