Elk Grove Village Italian Sister Cities Inc

Analysis

Elk Grove Village Italian Sister Cities Inc is a registered charity in United States, based in Elk Grove Village, IL. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Elk Grove Village Italian Sister Cities Inc reported income of $134k and spending of $175k, spending 130% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $76k to $134k (+76%), an average of +76% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Elk Grove Village Italian Sister Cities Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include 516 Now Inc ($134k), Waaw Foundation ($134k) and Love Serve Inc ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.