Greater Rockford Italian American Association

Analysis

Greater Rockford Italian American Association is a registered charity in United States, based in Loves Park, IL. It received its IRS tax-exemption ruling in June 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Greater Rockford Italian American Association reported income of $54k and spending of $22k, leaving 60% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $30k to $54k (+80%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Rockford Italian American Association sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Blaze on Ventures ($54k), Trojans Pop Warner ($54k) and Connecticut Mirage Girls Softball Inc ($54k).

At year end it held assets of $199k against liabilities of $6,000, net assets of $193k.