Center of Itasca Umc

Analysis

Center of Itasca Umc is a registered charity in United States, based in Itasca, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center of Itasca Umc reported income of $174k and spending of $186k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $269k to $174k (-35%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Center of Itasca Umc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Alsajdah Academy ($174k), Dutchtown Outreach ($174k) and Jay Eberly Ministries Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.