The Center

Analysis

The Center is a registered charity in United States, based in Shorewood, IL. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, The Center reported income of $71k and spending of $82k, spending 115% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $106k to $71k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 113% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Fun and Freedom Basketball Inc ($71k), Bernstein Development Inc ($71k) and Davenport Wildcats Ysp ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $61k against liabilities of $11k, net assets of $50k.

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.