Illinois Association of Community Action Agencies

Analysis

Illinois Association of Community Action Agencies is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in November 1972, 54 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, Illinois Association of Community Action Agencies reported income of $7.7m and spending of $7.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $7.7m (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Association of Community Action Agencies 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 94th percentile within IL. Charities of a similar size with the same main cause include Steps Inc ($7.7m), Baart Community Healthcare ($7.7m) and Schmitt Woodland Hills Incorporated ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $303k (4.0% of expenses). Other salaries and wages came to $665k. At year end it held assets of $5.3m against liabilities of $1.8m, net assets of $3.5m. It reported 15 employees.