Illinois State Usbc

Analysis

Illinois State Usbc is a registered charity in United States, based in Swansea, IL. It received its IRS tax-exemption ruling in September 2004, 22 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Illinois State Usbc reported income of $757k and spending of $855k, spending 113% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $829k to $757k (-8.7%), an average of -2.3% a year. The sharpest change came in the year to July 2020, when income dropped by 50%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Illinois State Usbc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Athletic Club of Tampa Inc ($755k), Club Champions League ($757k) and Girls on the Run of Puget Sound ($755k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $83k (9.7% of expenses). Other salaries and wages came to $6,947. At year end it held assets of $288k against liabilities of $4,997, net assets of $283k. It reported 10 employees.

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.