Rvwang Community Church

Analysis

Rvwang Community Church is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rvwang Community Church reported income of $102k and spending of $17k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $102k (+13%), an average of +14% a year. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rvwang Community Church sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Illinois Firefighters Association Foundation ($102k), Rochester Rotary Charities Inc ($102k) and Michelle McGann Fund Inc ($102k).

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 $238k against liabilities of $0, net assets of $238k.