Precious Blood Spirituality Institute

Analysis

Precious Blood Spirituality Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Precious Blood Spirituality Institute reported income of $374k and spending of $297k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $605k to $374k (-38%), an average of -21% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Precious Blood Spirituality Institute 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 65th percentile within IL. Charities of a similar size with the same main cause include International Evangelism Association ($374k), Day Care Services for Children Inc ($374k) and Family Counseling Center of Greater Washington ($374k).

Compensation of current officers, directors and key employees was $73k (25% of expenses). At year end it held assets of $10.5m against liabilities of $10.1m, net assets of $423k. It reported 1 employees.