Rockford Five O

Analysis

Rockford Five O is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockford Five O reported income of $105k and spending of $105k, spending 100% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $35k to $105k (+199%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 109%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rockford Five O sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Los Banos Tigers Youth Football ($105k), Marin Aquatic Masters ($105k) and Leverage Lacrosse Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.