Kankakee Community College Foundation

Analysis

Kankakee Community College Foundation is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Kankakee Community College Foundation reported income of $1.6m and spending of $777k, leaving 53% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.0m to $1.6m (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2024, when income rose by 184%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kankakee Community College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include One East Palo Alto ($1.6m), Idaho Head Start Association Inc ($1.6m) and West Michigan Cec ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% of the total. At year end it held assets of $11.2m against liabilities of $142k, net assets of $11.0m.