Tazewell County Resource Centers Inc

Analysis

Tazewell County Resource Centers Inc is a registered charity in United States, based in Pekin, IL. It received its IRS tax-exemption ruling in November 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tazewell County Resource Centers Inc reported income of $11.9m and spending of $11.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $11.9m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tazewell County Resource Centers Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include Pauls Pantry Inc ($11.9m), Jewish Community Center of Metropolitan Detroit ($12.0m) and Arc-Baldwin County Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $477k (4.0% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $11.9m against liabilities of $3.1m, net assets of $8.8m. It reported 410 employees.