Crca Foundation

Analysis

Crca Foundation is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in November 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Crca Foundation reported income of $254k and spending of $127k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $254k (+351%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 196%. Over the whole period it spent 39% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Crca Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Iatse Local 22 Training Fund ($254k), Rocky Mountain Association of Student Financial Aid Administrato ($254k) and Aspen Sister Cities Program Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $875k against liabilities of $32k, net assets of $842k.