Northlake Senior Housing NFP

Analysis

Northlake Senior Housing NFP 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 church under section 501(c)(3).

In the financial year ending June 2024, Northlake Senior Housing NFP reported income of $964k and spending of $1.2m, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $880k to $964k (+9.5%), an average of +2.3% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northlake Senior Housing NFP sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Greenwood Apts Inc ($964k), Malamalama Waldorf School Inc ($964k) and Tri-County Emergency Medical Control Authority ($963k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $181k. At year end it held assets of $7.6m against liabilities of $749k, net assets of $6.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.