Whiting-Robertsdale Community Improvement Corporation

Analysis

Whiting-Robertsdale Community Improvement Corporation is a registered charity in United States, based in Whiting, IN. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Whiting-Robertsdale Community Improvement Corporation reported income of $519k and spending of $306k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $398k to $519k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Whiting-Robertsdale Community Improvement Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Onpurpose Enrichment Inc ($519k), Chatham County Economic Development Corporation ($519k) and Summit Downtown Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.0% of the total. At year end it held assets of $1.8m against liabilities of $429, net assets of $1.8m.