Hoopeston Multi Agency Service Center Inc

Analysis

Hoopeston Multi Agency Service Center Inc is a registered charity in United States, based in Hoopeston, IL. It received its IRS tax-exemption ruling in February 1989, 37 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 September 2023, Hoopeston Multi Agency Service Center Inc reported income of $257k and spending of $269k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $182k to $257k (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2021, when income rose by 26%. 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, Hoopeston Multi Agency Service Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Heart Housing Inc ($257k), Board Development Systems ($257k) and Evangelical Christian Church of Waterbury Inc ($257k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Other salaries and wages came to $120k. At year end it held assets of $253k against liabilities of $3,667, net assets of $249k. It reported 8 employees.