Institute for Continued Learning at Roosevelt University

Analysis

Institute for Continued Learning at Roosevelt University is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Institute for Continued Learning at Roosevelt University reported income of $70k and spending of $72k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $70k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Continued Learning at Roosevelt University sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include Rise Christian Academy ($70k), Medaka Japanese School ($70k) and Asheville High School Band Association ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 20% of the total. At year end it held assets of $154k against liabilities of $3,380, net assets of $151k.