Illinois Institute for Children Inc

Analysis

Illinois Institute for Children Inc is a registered charity in United States, based in Calumet City, IL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Illinois Institute for Children Inc reported income of $565k and spending of $565k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $634k to $565k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Institute for Children Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Open Doors Inc ($565k), Grundy Area P a D S ($565k) and Chabad Lubavitch Torah Educational Services ($565k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $27k (4.8% of expenses). Other salaries and wages came to $159k. At year end it held assets of $1.4m against liabilities of $550k, net assets of $804k.