Ili Senior Housing-Chapel Valley Road Inc

Analysis

Ili Senior Housing-Chapel Valley Road Inc is a registered charity in United States, based in Watertown, WI. It received its IRS tax-exemption ruling in February 1994, 32 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 (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, Ili Senior Housing-Chapel Valley Road Inc reported income of $419k and spending of $480k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $432k to $419k (-3.0%), an average of -0.8% a year. 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, Ili Senior Housing-Chapel Valley Road Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Lexington Elderly Housing Inc ($419k), Chicago Ballet Arts ($419k) and Danebod Village ($419k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $85k. At year end it held assets of $1.5m against liabilities of $2.9m, net assets of -$1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.