Alvin Eades Center Inc

Analysis

Alvin Eades Center Inc is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alvin Eades Center Inc reported income of $1.9m and spending of $1.6m, spending 80% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.2m to $1.9m (+58%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alvin Eades Center Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Choice Services International Inc ($1.9m), Home Away From Home CDC ($1.9m) and Phoenix Service Corporation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $51k (3.3% of expenses). Other salaries and wages came to $558k. At year end it held assets of $2.3m against liabilities of $229k, net assets of $2.1m. It reported 20 employees.