Sugar Grove Corn Boil NFP

Analysis

Sugar Grove Corn Boil NFP is a registered charity in United States, based in Sugar Grove, IL. It received its IRS tax-exemption ruling in August 2006, 20 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 (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, Sugar Grove Corn Boil NFP reported income of $233k and spending of $201k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $190k to $233k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2022, when income rose by 1231%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sugar Grove Corn Boil NFP sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Franklin Area Athletic Association ($233k), Quincy Youth Soccer League ($233k) and People for Leisure and Youth Inc ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.