Kishwaukee College Foundation

Analysis

Kishwaukee College Foundation is a registered charity in United States, based in Malta, IL. It received its IRS tax-exemption ruling in October 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kishwaukee College Foundation reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $981k to $1.3m (+34%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kishwaukee College Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Anaheim Memorial Manor ($1.3m), Habitat for Humanity International Inc ($1.3m) and Desert View Learning Center ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $137k. At year end it held assets of $9.9m against liabilities of $181k, net assets of $9.7m. It reported 4 employees.