Elgin Impact Inc NFP

Analysis

Elgin Impact Inc NFP is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in August 2015, 11 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 July 2024, Elgin Impact Inc NFP reported income of $148k and spending of $159k, spending 107% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $142k to $148k (+4.7%), an average of +2.3% a year. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elgin Impact Inc NFP sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Golden Junior Baseball Association ($148k), Goodview Activity Group ($148k) and Manalapan Girls Softball Club ($148k).

At year end it held assets of $27k against liabilities of $5,610, net assets of $21k.