Sterling Park District Museum Association Sterling Park District

Analysis

Sterling Park District Museum Association Sterling Park District is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in June 1981, 45 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Sterling Park District Museum Association Sterling Park District reported income of $463k and spending of $214k, leaving 54% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $182k to $463k (+154%), an average of +20% a year. The sharpest change came in the year to April 2024, when income rose by 88%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sterling Park District Museum Association Sterling Park District 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 Artists in Residence Inc ($463k), National Church Residences ($463k) and Greater Boston Chinese Cultural Association ($463k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.