Addison Township Foundation

Analysis

Addison Township Foundation is a registered charity in United States, based in Addison, IL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Addison Township Foundation reported income of $139k and spending of $146k, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2024, income fell from $210k to $139k (-34%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 36%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Addison Township Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Christian Ministries Foundation Inc ($139k), Greenwood Education Foundation Inc ($139k) and Bakersfield East Rotary Foundation ($139k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.