Illinois Affordable Housing NFP

Analysis

Illinois Affordable Housing NFP is a registered charity in United States, based in Charleston, IL. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Affordable Housing NFP reported income of $265k and spending of $224k, spending 84% of its income. Across the 2 years on record, from December 2018 to December 2023, income grew from $28k to $265k (+848%), an average of +848% a year. The sharpest change came in the year to December 2023, when income rose by 848%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Illinois Affordable Housing NFP sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Malm Manor Inc ($265k), Project Support ($265k) and Banneker Homes Inc John Stewart Company ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $606k against liabilities of $552k, net assets of $54k.