Community Improvement (S200) IRS Verified DX Registered 990 on File

NORTH RIVER COMMISSION

EIN: 36-2526797 · CHICAGO, IL 60625-5162 · United States · FY 2024 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 83/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

The North River Commission (NRC) is a community-based organization founded in 1962 by concerned residents and neighborhood institutions. NRC unites over 100 civic associations, businesses, schools, institutions and places of worship on the northwest side of Chicago to improve the quality of life for all constituents in our community by creating affordable housing, quality education, arts & cultural endeavors, open spaces, and stable neighborhood businesses.

Financial Overview — FY 2024

$2.3M

Total Revenue

$1.6M

Total Expenses

$1.2M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 84.4%

Fundraising Efficiency 8.2%

Operating Reserve 9.21x

Liability-to-Asset 88.6%

Revenue Diversification 58.0%

Compared with Peers

FY 2024

Compared with 1,625 similar organizations (United States, Community Improvement, $1M–$10M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	84.4%	85.2%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	15.3%	11.8%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.4%	0.1%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	8.2%	115.3%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	9.2 mo	9.7 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	88.6%	21.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	58.0%	90.7%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-18.3%	8.8%	P10P90
Expense growth Year over year expense growth	-21.9%	10.1%	P10P90
Surplus margin Surplus as a share of revenue	29.6%	1.6%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$2.3M	$1.6M	$1.2M	84.4%	0
2023	$2.8M	$2.1M	$1.7M	81.6%	0
2022	$1.7M	$1.6M	$1.1M	93.5%	21
2021	$700K	$675K	N/A	—	15

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Organization Details

EIN: 36-2526797
State: IL
City: CHICAGO
ZIP: 60625-5162
Classification: S200
Category: Community Improvement
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1962
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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