River Forest Community Center

Analysis

River Forest Community Center is a registered charity in United States, based in River Forest, IL. It received its IRS tax-exemption ruling in February 1978, 48 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 March 2023, River Forest Community Center reported income of $1.8m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $2.2m to $1.8m (-18%), an average of -4.8% a year. The sharpest change came in the year to March 2022, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, River Forest Community Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Mary Young Mens Christian Association of Beatrice Ne ($1.8m), Pretty Lake Vacation Camp ($1.8m) and Tulare County Junior Livestock Show and Community Fair ($1.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 7.0% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $89k (5.1% of expenses). Other salaries and wages came to $964k. At year end it held assets of $1.5m against liabilities of $54k, net assets of $1.4m. It reported 39 employees.