River City Community Development Center

Analysis

River City Community Development Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, River City Community Development Center reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $1.4m (+294%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, River City Community Development Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Megs House ($1.4m), SSTPS Inc ($1.4m) and Seventh Avenue Center for Family Services ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $41k (3.8% of expenses). Other salaries and wages came to $490k. At year end it held assets of $733k against liabilities of $192k, net assets of $541k. It reported 23 employees.