Cris Healthy Aging

Analysis

Cris Healthy Aging is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in November 1978, 48 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 December 2023, Cris Healthy Aging reported income of $3.7m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to December 2023, income grew from $2.3m to $3.7m (+62%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cris Healthy Aging sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Southland Economic Development Corporation ($3.7m), Hillel the Foundation for Jewish Campus Life ($3.7m) and Northeastern Illinois University Foundation ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $172k (4.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.7m against liabilities of $181k, net assets of $1.5m. It reported 53 employees.