Embarras River Basin Agency Inc

Analysis

Embarras River Basin Agency Inc is a registered charity in United States, based in Greenup, IL. It received its IRS tax-exemption ruling in February 1967, 59 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 governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Embarras River Basin Agency Inc reported income of $23.2m and spending of $23.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.0m to $23.2m (+54%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Embarras River Basin Agency Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Northern Manhattan Improvement Corp ($23.1m), Kentucky River Foothills Development Council Inc ($23.2m) and Youthbuild Global Inc ($23.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $238k (1.0% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $3.8m against liabilities of $2.0m, net assets of $1.8m. It reported 241 employees.