Otho S A Sprague Memorial Institute
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Otho S A Sprague Memorial Institute is a 501(c)(3) organization based in Chicago, Illinois, registered in 1942, with $4,862,162 in FY2024 revenue. CharityIndex grades it B.
Po Box 806214, Chicago, IL, 60680 EIN 36-6068723 Since 1942
Revenue (FY2024)
$4.9M
▲ 171.5% vs prior year
Expenses (FY2024)
$2.4M
Net assets
$47.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Otho S A Sprague Memorial Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating233 mo reserves · +50% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Otho S A Sprague Memorial Institute: 233 mo reserves · +50% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Otho S A Sprague Memorial Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Otho S A Sprague Memorial Institute: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.5M (FY2016) to $4.9M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $47.4M
Operating margin
49.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$47.4M
Total liabilities
$0
Net assets
$47.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,862,162▲171% | $2,439,477▲9.6% | $47,375,682▲6.4% | $47,375,682▲6.4% | 990PF |
| 2023 | $1,791,027▲95.3% | $2,226,054▼2.8% | $44,520,184▲11.5% | $44,520,184▲11.5% | 990PF |
| 2022 | $917,013▼71.9% | $2,290,395▲29.8% | $39,921,771▼20.5% | $39,921,771▼20.5% | 990PF |
| 2021 | $3,261,875▲155% | $1,765,054▼28.8% | $50,228,527▲9.3% | $50,228,527▲9.3% | 990PF |
| 2020 | $1,277,166▼14.1% | $2,478,685▲39.0% | $45,936,368▲9.9% | $45,936,368▲9.9% | 990PF |
| 2019 | $1,487,562▲15.2% | $1,783,189▼21.7% | $41,786,487▲16.8% | $41,786,487▲16.8% | 990PF |
| 2018 | $1,291,673▼87.0% | $2,278,296▲18.6% | $35,789,342▼11.5% | $35,789,342▼11.5% | 990PF |
| 2017 | $9,906,487▲544% | $1,921,296▲1.7% | $40,439,081▲13.0% | $40,439,081▲13.0% | 990PF |
| 2016 | $1,537,556 | $1,888,583 | $35,787,507 | $35,787,507 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Otho S A Sprague Memorial Institute a legitimate nonprofit?
- Yes. Otho S A Sprague Memorial Institute is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-6068723, based in Chicago, Illinois. Donations are tax-deductible.
- What is Otho S A Sprague Memorial Institute's EIN?
- Otho S A Sprague Memorial Institute's Employer Identification Number (EIN) is 36-6068723.
- How much revenue does Otho S A Sprague Memorial Institute report?
- Otho S A Sprague Memorial Institute reported $4,862,162 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Otho S A Sprague Memorial Institute have?
- CharityIndex grades Otho S A Sprague Memorial Institute B, based on financial health (reserves and operating margin).
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Data for Otho S A Sprague Memorial Institute (EIN 36-6068723) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.