Northwest Community Center

Analysis

Northwest Community Center is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in January 1967, 59 years ago. 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 June 2023, Northwest Community Center reported income of $460k and spending of $737k, spending 160% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $703k to $460k (-35%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Community Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Kingman Center for the Arts ($460k), Hope House Inc ($460k) and Chattahoochee Tech Foundation Inc ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $95k (13% of expenses). Other salaries and wages came to $318k. At year end it held assets of $2.5m against liabilities of $54k, net assets of $2.4m. It reported 18 employees.