Illinois Counseling Association Foundation

Analysis

Illinois Counseling Association Foundation is a registered charity in United States, based in Macomb, IL. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Illinois Counseling Association Foundation reported income of $274k and spending of $111k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $321k to $274k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income rose by 2997%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Illinois Counseling Association Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Oregon Community Swim Club ($274k), Swift Eagle Charitable Foundation ($274k) and Woodbridge Community Charity Fund Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. Compensation of current officers, directors and key employees was $64k (58% of expenses). At year end it held assets of $2.0m against liabilities of $2,501, net assets of $2.0m. It reported 1 employees.