Illinois Institute for Continuing Legal Education

Analysis

Illinois Institute for Continuing Legal Education is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Institute for Continuing Legal Education reported income of $3.5m and spending of $3.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $3.5m (-7.1%), an average of -1.8% a year. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Illinois Institute for Continuing Legal Education sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Ednavigator Inc ($3.5m), Shrewsbury Montessori School Corporation ($3.5m) and Cannon River STEM School ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $374k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $7.9m against liabilities of $1.5m, net assets of $6.3m. It reported 26 employees.