Great River Development Foundation

Analysis

Great River Development Foundation is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover employment, 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 2023, Great River Development Foundation reported income of $58k and spending of $40k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $58k (-4.3%), an average of -4.3% a year. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Great River Development Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($58k), The East 11th Street Block Association Inc ($58k) and Valley County Pathways Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.