Illinois Partners in Hope NFP

Analysis

Illinois Partners in Hope NFP is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Illinois Partners in Hope NFP reported income of $1.2m and spending of $1.2m, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $897k to $1.2m (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Partners in Hope NFP 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 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Compass Finances God S Way Inc ($1.2m), Safety Harbor Neighborhood Family Center Inc ($1.2m) and Samaritan Colony Incorporated ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 45% of the total. At year end it held assets of $600k against liabilities of $123k, net assets of $478k. It reported 4 employees.