Rebuilding Together Aurora Inc

Analysis

Rebuilding Together Aurora Inc is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Rebuilding Together Aurora Inc reported income of $173k and spending of $213k, spending 124% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $257k to $173k (-33%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rebuilding Together Aurora Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IL. Charities of a similar size with the same main cause include Karis Project ($172k), Integrative Communities ($173k) and Nia Community Development Corporation of Greater Richmond ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $185k against liabilities of $30k, net assets of $156k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.