East Central Il Community Action Agency

Analysis

East Central Il Community Action Agency is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in April 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 June 2023, East Central Il Community Action Agency reported income of $12.2m and spending of $12.5m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.1m to $12.2m (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2023, when income rose by 17%. 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, East Central Il Community Action Agency sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Cape Cod Young Mens Christian Association Inc ($12.2m), Apostolic Christian Home ($12.2m) and New York Immigration Coalition Inc ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $89k (0.7% of expenses). Other salaries and wages came to $649k. At year end it held assets of $3.5m against liabilities of $3.1m, net assets of $422k. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.