Riverwoods Christian Center

Analysis

Riverwoods Christian Center is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in March 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Riverwoods Christian Center reported income of $1.8m and spending of $1.7m, spending 92% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $1.3m to $1.8m (+44%), an average of +13% a year. The sharpest change came in the year to March 2023, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Riverwoods Christian Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Joyce L Sobel Family Resource Center ($1.8m), Mountain Communities Supporting Education ($1.8m) and Newtown Youth and Family Services Inc ($1.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 93% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $184k (11% of expenses). Other salaries and wages came to $563k. At year end it held assets of $5.0m against liabilities of $78k, net assets of $4.9m. It reported 76 employees.