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Barrington Area Career Resource Center

RegisteredEIN 85-0781621Barrington, ILCommunity and economic development
Income$66k2024-04
Spending$52ksame year
Spent / received82%2-year average
Size in its cause26th pctCommunity and economic development
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Barrington Area Career Resource Center is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in May 2020, 6 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 April 2024, Barrington Area Career Resource Center reported income of $66k and spending of $52k, leaving 21% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $3,966 to $66k (+1563%), an average of +1563% a year. The sharpest change came in the year to April 2024, when income rose by 1563%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Barrington Area Career Resource Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Lakewood Rocky River Sunrise Rotary Club Foundation Inc ($66k), Blackberry Winter Inc ($66k) and Co-Operate WNC ($66k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $146k against liabilities of $5,270, net assets of $141k.

Income and spending

$0$16k$33k$49k$66k2023 Income: $3,9662023 Spending: $5,53020232024 Income: $65,9632024 Spending: $51,8012024
IncomeSpending

Where the income comes from

  • Contributions & grants 94%
  • Other 6.2%

Similar-sized charities, same cause

CharityLocationIncome
Lakewood Rocky River Sunrise Rotary Club Foundation IncRocky River$66k
Blackberry Winter IncRichlands$66k
Co-Operate WNCMorganton$66k
All Aboard WashingtonSeattle$66k