Joliet Grade Schools Foundation for Educational Excellence

Analysis

Joliet Grade Schools Foundation for Educational Excellence is a registered charity in United States, based in Joliet, IL. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Joliet Grade Schools Foundation for Educational Excellence reported income of $86k and spending of $71k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $86k (-50%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 146%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joliet Grade Schools Foundation for Educational Excellence sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Ball-Chatham Educational Foundation ($86k), Delta Epsilon Sigma National ($86k) and North Carlina Congress of Parents and Teachers Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.