Innovation Dupage

Analysis

Innovation Dupage is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, 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 June 2023, Innovation Dupage reported income of $523k and spending of $566k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $523k (+92%), an average of +18% a year. The sharpest change came in the year to June 2020, when income rose by 42%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Innovation Dupage sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Bucks County Association for Retired and Senior Citizens ($523k), Back on Track Addiction & Homeless Support ($523k) and Inland Empire Lighthouse for the Blind Inc ($523k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $118k (21% of expenses). Other salaries and wages came to $228k. At year end it held assets of $83k against liabilities of $29k, net assets of $54k. It reported 24 employees.