Cherry Valley Area Mens Club

Analysis

Cherry Valley Area Mens Club is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in February 2015, 11 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, Cherry Valley Area Mens Club reported income of $58k and spending of $54k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $58k (+3.6%), an average of +3.6% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cherry Valley Area Mens Club 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 Dallas Downtown Association ($58k), Henry River Preservation Fund Inc ($58k) and 510media Hope Foundation Inc ($58k).

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 $30k against liabilities of $0, net assets of $30k.