Rochelle Area Community Foundation

Analysis

Rochelle Area Community Foundation is a registered charity in United States, based in Rochelle, IL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rochelle Area Community Foundation reported income of $268k and spending of $328k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $325k to $268k (-17%), an average of -4.7% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 63% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rochelle Area Community Foundation 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 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include McCaw Family Foundation Inc ($268k), Community Hospice of America Foundation Inc ($268k) and Unitarian Universalist Friends Retreat Foundation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $96k. At year end it held assets of $4.1m against liabilities of $115k, net assets of $4.0m. It reported 2 employees.