River Oaks Community Education and Development Corporation

Analysis

River Oaks Community Education and Development Corporation is a registered charity in United States, based in South Holland, IL. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, River Oaks Community Education and Development Corporation reported income of $563k and spending of $569k, spending 101% of its income. Across the 3 years on record, from July 2021 to July 2023, income grew from $369k to $563k (+53%), an average of +24% a year. The sharpest change came in the year to July 2023, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, River Oaks Community Education and Development Corporation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Utah Energy Conservation Coalition Corporation ($563k), Pennies From Heaven Foundation ($563k) and Nysernet Net Inc ($563k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $229k. At year end it held assets of $122k against liabilities of $38k, net assets of $84k. It reported 29 employees.