The Thresholds
The Thresholds reported $137.6 million in revenue and $128.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.73 went to program services, $11.25 to management and general costs and $1.02 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 49.8% of the total. Government grants made up 39.2%. The highest compensation it reported for one person was $563,071 (PRESIDENT & CHIEF EXECUTIVE OFFICER). 60 people received more than $100,000 in reportable compensation. Revenue rose 46% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $128MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $138M- Contributions & grants (non-government)$10.11 $14M
- Government grants$39.14 $54M
- Program service revenue$49.76 $68M
- Investment income$0.99 $1.4M
Other revenue was negative: −$68,510. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.7% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.2% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 49.3% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 39.2% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 49.8% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $563,071 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.44% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 60 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 7.5 | 6.8 |
| Independent voting board members Part VI 1a–1b | 47 of 47 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expensePrevention of hospitalization thresholds provides mental health services, substance use treatment services, and care coordination to help individuals with serious mental illnesses and substance use conditions to achieve their life goals. Goals of services include symptom reduction, substance use reduction, successful employment, educational attainment, engagement with a person's family and community, maintaining decent, safe, affordable housing, linking people to high quality primary and specialty care, and prevention of unnecessary hospitalization. Thresholds provided community based…
Independent living thresholds provides a wide variety of community-based, affordable housing options including independent apartments, apartment buildings with services on site, and supported and supervised group home settings. Thresholds operates 1,250 affordable housing units, making the agency chicago's largest nonprofit housing provider. Thresholds provides wraparound community-based services, healthcare, and housing support that help people maintain independent living and avoid institutional settings
Vocational and social rehabilitation thresholds provides evidence-based supported employment services to people with mental illness and substance use disorders. Last year thresholds provided employment services to approximately 800 individuals. Thresholds provides wraparound services that supports full integration into community life
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CHIEF EXECUTIVE OFFICER Officer, 40.0 hrs/week | $542,387 | $0 | $20,684 | $563,071 |
| CHIEF FINANCIAL OFFICER Officer, 40.0 hrs/week | $271,004 | $0 | $35,094 | $306,098 |
| PSYCHIATRIST Highest compensated employee, 40.0 hrs/week | $270,576 | $0 | $23,535 | $294,111 |
| MEDICAL DIRECTOR Key employee, 40.0 hrs/week | $236,717 | $0 | $26,198 | $262,915 |
| CHIEF MEDICAL OFFICER Officer, 30.0 hrs/week | $233,822 | $0 | $16,869 | $250,691 |
| CHIEF CLINICAL OFFICER Officer, 40.0 hrs/week | $216,169 | $0 | $25,489 | $241,658 |
| CHIEF OPERATING OFFICER Officer, 40.0 hrs/week | $207,110 | $0 | $33,339 | $240,449 |
| PSYCHIATRIST - PART TIME Highest compensated employee, 32.0 hrs/week | $216,821 | $0 | $14,822 | $231,643 |
60 people received more than $100,000 in reportable compensation from The Thresholds (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b47 · 47 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,692
- Volunteers Part I, line 652
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| D&V MAINTENANCE GROUP Cleaning services and repairs | $1,146,765 |
| CONTINENTAL RESOURCES INC It outsources contract | $1,113,469 |
| RUSH UNIVERSITY MEDICAL CENTER Contracted nurses services | $407,434 |
| PLANTE & MORAN PLLC Audit fees | $406,659 |
| THE LASALLE NETWORK Temporary staffing | $364,882 |
Individuals listed as contractors are left out. 17 contractors were paid more than $100,000 in all.
Private foundation grants it received
36 private foundations reported grants to The Thresholds totaling $3.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Thresholds's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Thresholds, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Thresholds spent in FY2025, $87.73 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Make-A-Wish Foundation of AmericaPhoenix, AZ · revenue $137M · programs 66.7% · FY2025
- Arctic Slope Native AssociationBarrow, AK · revenue $138M · programs 91.2% · FY2025
- Compunet Clinical Laboratories LlcDayton, OH · revenue $136M · programs 92.7% · 2024
- Association of Public Health LaboratoriesBethesda, MD · revenue $142M · programs 90.0% · 2024
- Organ Procurement Agency of MichiganAnn Arbor, MI · revenue $136M · programs 85.3% · 2025
Questions people ask
How much of The Thresholds's spending goes to programs?
In the fiscal year ending June 30, 2025, The Thresholds reported that 87.7% of its $128.0 million in expenses went to program services, 11.2% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does The Thresholds pay its top executive?
The largest total compensation The Thresholds reported for one person in the fiscal year ending June 30, 2025 was $563,071, for the role of PRESIDENT & CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Thresholds get its money?
Of $137.6 million in revenue in the fiscal year ending June 30, 2025, 49.3% came from contributions and grants (including 39.2% from government grants) and 49.8% from program service revenue (Form 990, Part VIII).
Is The Thresholds a registered charity?
The IRS lists EIN 36-2518901 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621269349302992 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349301608 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441299349302844 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349305031 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221319349303222 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121249349301652 · read the filing
All filings for EIN 36-2518901: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.