Community Council of the Rio Grande Valley

Analysis

Community Council of the Rio Grande Valley is a registered charity in United States, based in Weslaco, TX. It received its IRS tax-exemption ruling in May 1997, 29 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 2022, Community Council of the Rio Grande Valley reported income of $587k and spending of $588k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $483k to $587k (+22%), an average of +6.7% a year. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Council of the Rio Grande Valley sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Birmingham Business Alliance Foundation ($587k), Illinois City Management Association ($588k) and Love My Job Training Center ($587k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $59k (10% of expenses). Other salaries and wages came to $334k. At year end it held assets of $635k against liabilities of $31k, net assets of $604k. It reported 16 employees.