Rifle Community Foundation

Analysis

Rifle Community Foundation is a registered charity in United States, based in Rifle, CO. It received its IRS tax-exemption ruling in November 2001, 25 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 2023, Rifle Community Foundation reported income of $76k and spending of $77k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $76k (+0.0%), an average of +0.0% a year. Over the whole period it spent 121% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rifle Community Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Acedc Fund Inc ($76k), Kingdom Community Center CDC ($76k) and Threatt Filling Station ($76k).

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 $114k against liabilities of $0, net assets of $114k.