Our Childrens Homestead Inc

Analysis

Our Childrens Homestead Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in April 1995, 31 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, Our Childrens Homestead Inc reported income of $8.3m and spending of $8.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $8.3m (+74%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Childrens Homestead Inc sits at the 93rd percentile: it is larger than about 93% 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 Family Service Inc ($8.3m), Suffolk Y Jewish Community Center Inc ($8.3m) and Childcare Resources ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $236k (2.9% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $2.8m against liabilities of $3.3m, net assets of -$492k. It reported 76 employees.