Sterling-Rock Falls Community Trust

Analysis

Sterling-Rock Falls Community Trust is a registered charity in United States, based in Sterling, IL. It received its IRS tax-exemption ruling in November 1968, 58 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sterling-Rock Falls Community Trust reported income of $358k and spending of $420k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $358k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 189%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sterling-Rock Falls Community Trust sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Wesley Community Service Center Inc ($358k), Volunteers of America Inc ($358k) and Mi Casa International ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.