Shelbyville Area Community Foundation

Analysis

Shelbyville Area Community Foundation is a registered charity in United States, based in Shelbyville, IL. It received its IRS tax-exemption ruling in February 2003, 23 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, Shelbyville Area Community Foundation reported income of $90k and spending of $101k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $90k (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shelbyville Area Community Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include North Penn Athletic Association Inc ($90k), Wells Ogunquit Youth Football and Cheering Association ($91k) and Napoleon Aquatic Club Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $518k against liabilities of $0, net assets of $518k.