Margaret Hackett Family Center NFP

Analysis

Margaret Hackett Family Center NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2024, Margaret Hackett Family Center NFP reported income of $146k and spending of $34k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $641k to $146k (-77%), an average of -31% a year. The sharpest change came in the year to June 2023, when income rose by 1030%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Margaret Hackett Family Center NFP sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Diabetes Association of Pierce County ($146k), Syrian American Medical Society- Midwest Foundation ($146k) and Wet Mountain Valley Rotary Community Service Inc ($146k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $7,576, net assets of $1.1m.