Two Rivers Head Start Agency

Analysis

Two Rivers Head Start Agency is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in June 1966, 60 years ago. 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 August 2023, Two Rivers Head Start Agency reported income of $7.0m and spending of $6.9m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $11.7m to $7.0m (-40%), an average of -12% a year. The sharpest change came in the year to August 2021, when income dropped by 58%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Two Rivers Head Start Agency sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Childrens Home of Kingston ($7.0m), Hollywood Food Coalition ($7.0m) and Foundation for American Freedom ($7.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $65k (0.9% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.9m against liabilities of $3.4m, net assets of $2.5m. It reported 99 employees.