Lester and Rosalie Anixter Center

Analysis

Lester and Rosalie Anixter Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2023, Lester and Rosalie Anixter Center reported income of $1.8m and spending of $1.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+17%), an average of +4.1% a year. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lester and Rosalie Anixter Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Penick Village Foundation Inc ($1.8m), Habitat for Humanity International Inc ($1.8m) and Council Towers IV Housing Development Fund Corporation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $9.2m against liabilities of $2.2m, net assets of $7.0m.

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.