Richland Community Club Inc

Analysis

Richland Community Club Inc is a registered charity in United States, based in Richland, IA. It received its IRS tax-exemption ruling in May 1999, 27 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, Richland Community Club Inc reported income of $73k and spending of $58k, leaving 20% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $56k to $73k (+30%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Richland Community Club Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Braintree Rotary Foundation Inc ($73k), Quinter Community Development Inc ($73k) and Main Street Leeds ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 97% of the total. At year end it held assets of $507k against liabilities of $92k, net assets of $415k.