Elite Houses of Sober Living Inc

Analysis

Elite Houses of Sober Living Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2022, Elite Houses of Sober Living Inc reported income of $493k and spending of $566k, spending 115% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $908k to $493k (-46%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 74%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elite Houses of Sober Living Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Center for Psychotherapyspirituality & Creativity ($493k), Utah Chapter National Hemophilia Foundation ($493k) and Breathedeep ($493k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $27k (4.8% of expenses). Other salaries and wages came to $233k. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 6 employees.