Mothers Milk Bank of the Western Great Lakes Inc

Analysis

Mothers Milk Bank of the Western Great Lakes Inc is a registered charity in United States, based in Elk Grove VLG, IL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Mothers Milk Bank of the Western Great Lakes Inc reported income of $4.0m and spending of $2.8m, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $4.0m (+194%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mothers Milk Bank of the Western Great Lakes Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Phoenix Jewish Community Kivel Nursing Home ($4.0m), Family Life Center Inc ($4.0m) and Westcare Pacific Islands Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $139k (4.9% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $1.4m, net assets of $2.5m. It reported 30 employees.