Oak Park and River Forest Infant Welfare Society

Analysis

Oak Park and River Forest Infant Welfare Society is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in May 1952, 74 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Oak Park and River Forest Infant Welfare Society reported income of $2.9m and spending of $2.6m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.7m to $2.9m (+6.4%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oak Park and River Forest Infant Welfare Society sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include United Memorial Medical Center Foundation Inc ($2.9m), Tennessee Hospital Education & Research Foundation Inc ($2.9m) and Ivi Foundation Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $138k (5.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.8m against liabilities of $1.3m, net assets of $7.5m. It reported 35 employees.