John a Logan College Foundation

Analysis

John a Logan College Foundation is a registered charity in United States, based in Carterville, IL. It received its IRS tax-exemption ruling in September 1971, 55 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, John a Logan College Foundation reported income of $493k and spending of $812k, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $742k to $493k (-34%), an average of -9.7% a year. The sharpest change came in the year to June 2021, when income rose by 151%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, John a Logan College Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Circle Inc ($493k), Life Issues Institute ($493k) and Philadelphia Senior Center ($493k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $9.9m against liabilities of $30k, net assets of $9.9m.