Gaylord Building Historic Site
Analysis
Gaylord Building Historic Site is a registered charity in United States, based in Lockport, IL. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Gaylord Building Historic Site reported income of $387k and spending of $470k, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $333k to $387k (+16%), an average of +3.9% a year. Over the whole period it spent 107% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gaylord Building Historic Site sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Friends of Children United Society ($387k), Chip Inc ($387k) and Baileys Harbor Community Association Inc ($387k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 0.4% of the total. Other salaries and wages came to $231k. At year end it held assets of $78k against liabilities of $0, net assets of $78k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 67%
- Program services 0.4%
- Other 33%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Friends of Children United Society | Coronado | $387k |
| Chip Inc | Newcastle | $387k |
| Baileys Harbor Community Association Inc | Baileys HBR | $387k |
| Southwick Recreation Center Inc | Southwick | $387k |